Description
SEBI recovery notice issued to Manish Kumar regarding investigation into trading activities in Continental Seeds and Chemicals Limited scrip.
Summary
SEBI has issued Notice of Demand under Recovery Certificate number 8875 of 2025 dated August 21, 2025, to Manish Kumar (PAN: AMWPK4668G) in connection with investigation into trading activities of certain entities in the scrip of Continental Seeds and Chemicals Limited.
Key Points
- Recovery Certificate No. 8875 of 2025 issued on August 21, 2025
- Defaulter: Manish Kumar with PAN AMWPK4668G
- Related to investigation in trading activities in Continental Seeds and Chemicals Limited scrip
- Part of SEBI’s enforcement action for regulatory violations
Regulatory Changes
No regulatory changes introduced. This is an enforcement action against an individual defaulter.
Compliance Requirements
- Manish Kumar is required to comply with the recovery demand
- Payment of dues as specified in the recovery certificate
- Compliance with ongoing investigation requirements
Important Dates
- Recovery Certificate Date: August 21, 2025
- Notice Publication Date: August 25, 2025
Impact Assessment
This is an individual enforcement action with minimal direct market impact. However, it demonstrates SEBI’s continued vigilance in investigating and pursuing recovery from entities involved in irregular trading activities. The action reinforces regulatory compliance expectations for market participants.
Impact Justification
Individual enforcement action with limited market impact but demonstrates SEBI's regulatory enforcement