Description
SEBI's completion order for Recovery Certificate No. 8714 of 2025 against Natvarbhai Vegda in connection with trading activities in Kavit Industries Limited scrip.
Summary
SEBI has issued a completion order for Recovery Certificate No. 8714 of 2025 against Natvarbhai Vegda. This order relates to enforcement proceedings concerning trading activities in the scrip of Kavit Industries Limited. The completion order indicates the conclusion of recovery proceedings against the individual.
Key Points
- Recovery Certificate No. 8714 of 2025 issued against Natvarbhai Vegda
- Related to trading activities in Kavit Industries Limited scrip
- Completion order marking the conclusion of recovery proceedings
- Individual enforcement action
Regulatory Changes
No regulatory changes introduced. This is an enforcement completion order.
Compliance Requirements
This is a completion order indicating concluded proceedings. No new compliance requirements for market participants.
Important Dates
- Order Date: October 2025
Impact Assessment
Limited impact on broader market operations. This is an individual enforcement matter specific to trading activities in Kavit Industries Limited. The completion order indicates concluded recovery proceedings with no direct implications for other market participants.
Impact Justification
Individual enforcement action completion order with limited market-wide impact