Description
SEBI issues notice of bank account attachment against Pragya Dairies and Agro Limited and five individuals in enforcement proceedings under RC No. 4800/2022.
Summary
SEBI has issued a notice of attachment of bank accounts dated August 28, 2025, under Recovery Certificate No. 4800/2022 against Pragya Dairies and Agro Limited and five individuals: Punam Chand Patidar, Nana Lal Patidar, Pooja Patidar, Durga Patidar, and Ansar Ahmed. This enforcement action is part of ongoing proceedings in the matter of Pragya Dairies and Agro Limited.
Key Points
- Notice issued under Recovery Certificate No. 4800/2022
- Six entities affected: Pragya Dairies and Agro Limited (PAN: AAFCP3908E) and five individuals
- Individuals include: Punam Chand Patidar (PAN: BTUPP0108C), Nana Lal Patidar (PAN: AJWPP3490J), Pooja Patidar (PAN: AVBPP1293Q), Durga Patidar (PAN: APJPP6921M), and Ansar Ahmed (PAN: AFFPA4197L)
- Attachment notice dated August 28, 2025
Regulatory Changes
No regulatory changes announced - this is an enforcement action under existing regulations.
Compliance Requirements
Affected parties must comply with the bank account attachment order and any related recovery proceedings under the Recovery Certificate.
Important Dates
- August 28, 2025: Date of attachment notice
- Recovery proceedings ongoing under RC No. 4800/2022
Impact Assessment
High impact enforcement action that restricts access to bank accounts of the company and associated individuals, potentially affecting business operations and personal finances. This represents escalation in SEBI’s enforcement proceedings against the entities involved.
Impact Justification
Bank account attachment is severe enforcement action affecting company operations and individual assets