Description
SEBI compliance order cancelling Recovery Certificate No. 8579 of 2025 against Mohd Faisal related to Biocon Limited matter.
Summary
SEBI has issued a compliance order cancelling Recovery Certificate No. 8579 of 2025 against Mohd Faisal in connection with a matter involving Biocon Limited. This represents the resolution of an enforcement proceeding through the cancellation of the recovery certificate.
Key Points
- Recovery Certificate No. 8579 of 2025 has been cancelled
- Order pertains to Mohd Faisal in relation to Biocon Limited
- Document issued on September 8, 2025
- Represents closure of enforcement action through certificate cancellation
Regulatory Changes
No broader regulatory changes are indicated by this individual compliance order.
Compliance Requirements
The cancellation of the recovery certificate resolves the specific compliance obligation that was previously outstanding against the named individual.
Important Dates
- Order Date: September 8, 2025
- Recovery Certificate No.: 8579 of 2025
Impact Assessment
This is an individual compliance matter with minimal market impact. The cancellation of a recovery certificate typically indicates resolution of outstanding obligations or procedural closure of enforcement proceedings. Impact on Biocon Limited’s operations or stock performance is expected to be negligible.
Impact Justification
Individual compliance matter with limited broader market impact