Description

SEBI issues notice of demand for recovery certificate against defaulter Vijay Pujara (PAN: AGXPP5209R) in connection with Continental Seeds and Chemicals Limited.

Summary

SEBI has issued Notice of Demand under Recovery Certificate No. 8874 of 2025 dated August 22, 2025 against Vijay Pujara (PAN: AGXPP5209R) as a defaulter in the matter of Continental Seeds and Chemicals Limited. This represents enforcement action for recovery of dues from the defaulter.

Key Points

  • Recovery Certificate Number: 8874 of 2025
  • Defaulter: Vijay Pujara (PAN: AGXPP5209R)
  • Related Company: Continental Seeds and Chemicals Limited
  • Action Type: Notice of Demand for recovery
  • Date of Certificate: August 22, 2025

Regulatory Changes

No regulatory changes. This is an enforcement action under existing recovery procedures.

Compliance Requirements

  • Vijay Pujara must comply with the demand notice
  • Payment of dues as specified in the recovery certificate
  • Failure to comply may result in further enforcement measures

Important Dates

  • Recovery Certificate Date: August 22, 2025
  • Notice Publication: August 22, 2025

Impact Assessment

This is a targeted enforcement action against a specific individual defaulter. The impact is primarily on the named defaulter and potentially on Continental Seeds and Chemicals Limited. Market impact is expected to be minimal as this relates to individual enforcement rather than broader regulatory changes.

Impact Justification

Recovery certificate enforcement action against individual defaulter in specific company matter - significant for affected parties but limited market-wide impact