Description
SEBI releases recovery certificate against Ajaykumar Pujara and Natu Vegda in relation to proceedings involving Manaksia Coated Metals and Industries Limited.
Summary
SEBI has issued a Release Order for Recovery Certificate No. 8565 of 2025 against Ajaykumar Pujara and Natu Vegda in the matter of Manaksia Coated Metals and Industries Limited. This order releases the recovery proceedings against the named individuals.
Key Points
- Recovery Certificate No. 8565 of 2025 has been released
- Individuals involved: Ajaykumar Pujara and Natu Vegda
- Matter relates to Manaksia Coated Metals and Industries Limited
- This is a compliance release order issued by SEBI
Regulatory Changes
No new regulatory changes introduced. This is a case-specific compliance order.
Compliance Requirements
No ongoing compliance requirements as this is a release order indicating completion of recovery proceedings.
Important Dates
- Order Date: October 8, 2025
Impact Assessment
The release order has minimal market-wide impact as it pertains to specific individuals in a concluded recovery proceeding. The order indicates resolution of the recovery certificate proceedings against the named parties in relation to Manaksia Coated Metals and Industries Limited.
Impact Justification
Release order indicates completion of recovery proceedings against specific individuals, limited market-wide impact