Description
SEBI issues General Remittance Order in Recovery Certificate No.4523 of 2022 against Nimbus Industries Limited for non-redressal of investor grievances.
Summary
SEBI has issued a General Remittance Order dated 29.09.2025 in Recovery Certificate No.4523 of 2022 against Nimbus Industries Limited (PAN: AAACN2708B) for non-redressal of investor grievances.
Key Points
- Recovery Certificate No: 4523 of 2022
- Entity: Nimbus Industries Limited
- PAN: AAACN2708B
- Date of Order: 29 September 2025
- Subject: Non-redressal of investor grievances
Regulatory Changes
No new regulatory changes introduced. This is an enforcement action under existing investor protection framework.
Compliance Requirements
Nimbus Industries Limited is subject to recovery proceedings for non-compliance with investor grievance redressal requirements.
Important Dates
- Order Date: 29 September 2025
Impact Assessment
This enforcement action specifically targets Nimbus Industries Limited for failure to redress investor grievances. The general remittance order indicates SEBI is pursuing recovery of amounts owed to investors. Limited broader market impact, but demonstrates SEBI’s continued focus on investor protection and enforcement against non-compliant entities.
Impact Justification
Recovery order for non-redressal of investor grievances affecting specific entity, enforcement action with limited broader market impact