Description
SEBI has completed recovery proceedings under Recovery Certificate No. 7855 of 2024 against S. Sudheer in the matter of Acropetal Technologies Ltd.
Summary
SEBI has issued a notice regarding the completion of recovery proceedings under Recovery Certificate No. 7855 of 2024 against S. Sudheer (PAN: ABEPS2937F) in the matter of Acropetal Technologies Ltd. This document confirms the conclusion of recovery proceedings initiated by the securities regulator.
Key Points
- Recovery Certificate No. 7855 of 2024 has been completed
- Proceedings against S. Sudheer (PAN: ABEPS2937F)
- Related to the matter of Acropetal Technologies Ltd
- Part of SEBI’s enforcement and recovery proceedings
Regulatory Changes
No new regulatory changes introduced. This is a completion notice for existing recovery proceedings.
Compliance Requirements
This notice primarily serves as a record of completed recovery proceedings. No new compliance requirements are introduced for market participants.
Important Dates
- Notice Date: October 7, 2025
- Recovery Certificate Number: 7855 of 2024
Impact Assessment
The impact is limited to the specific individual named in the recovery proceedings. This completion notice has minimal direct impact on broader market operations or other market participants. It serves as part of SEBI’s enforcement record and demonstrates regulatory follow-through on recovery actions.
Impact Justification
Recovery proceeding completion notice affecting a specific individual; limited market-wide impact but relevant for enforcement tracking