Description

SEBI issues attachment notice in recovery certificate proceedings against research analyst Nikhil Dayanand Baljekar.

Summary

SEBI has issued Notice of Attachment No 14864/2025 dated September 3, 2025, under Recovery Certificate No. 8834 of 2025 against Nikhil Dayanand Baljekar (PAN: ABYPB7880N), a research analyst.

Key Points

  • Attachment notice issued against research analyst Nikhil Dayanand Baljekar
  • Recovery Certificate No. 8834 of 2025
  • Notice number: 14864/2025
  • Individual enforcement action under SEBI’s recovery proceedings

Regulatory Changes

No regulatory changes - this is an enforcement action under existing regulations.

Compliance Requirements

The attachment notice relates to recovery proceedings against the named research analyst. Other research analysts should ensure compliance with SEBI regulations to avoid similar enforcement actions.

Important Dates

  • Notice date: September 3, 2025
  • Recovery Certificate: 8834 of 2025

Impact Assessment

This is an individual enforcement action with limited market impact. It demonstrates SEBI’s continued enforcement against non-compliant research analysts.

Impact Justification

Individual enforcement action against research analyst, limited market-wide impact