Description
SEBI issues Notice of Demand under Recovery Certificate to Vijay Prakash Gupta (PAN: ANCPV2725J) in connection with investigation into trading activities in Continental Seeds and Chemicals Limited scrip.
Summary
SEBI has issued a Notice of Demand under Recovery Certificate number 8873 of 2025 dated August 21, 2025 to Vijay Prakash Gupta [Defaulter] PAN: ANCPV2725J. This action is related to an investigation into trading activities of certain entities in the scrip of Continental Seeds and Chemicals Limited.
Key Points
- Recovery Certificate number: 8873 of 2025
- Defaulter: Vijay Prakash Gupta (PAN: ANCPV2725J)
- Related to investigation in Continental Seeds and Chemicals Limited trading activities
- Notice issued on August 21, 2025
Regulatory Changes
No specific regulatory changes announced. This is an enforcement action under existing recovery procedures.
Compliance Requirements
The defaulter is required to comply with the demands specified in the Recovery Certificate as per SEBI’s recovery proceedings.
Important Dates
- August 21, 2025: Notice of Demand issued
Impact Assessment
This is an individual enforcement action with limited direct market impact. It demonstrates SEBI’s continued efforts to recover dues from defaulters in cases involving market violations and trading irregularities.
Impact Justification
Recovery action against individual defaulter, limited market-wide impact