Description
SEBI issues release order for Recovery Certificate No. 8714 of 2025 against Natvarbhai Vegda in relation to trading activities in the scrip of Kavit Industries Limited.
Summary
SEBI has issued a release order for Recovery Certificate No. 8714 of 2025 against Natvarbhai Vegda. This order relates to trading activities in the scrip of Kavit Industries Limited. The release order indicates that the compliance requirements related to the recovery certificate have been fulfilled.
Key Points
- Release order issued for Recovery Certificate No. 8714 of 2025
- Order is against Natvarbhai Vegda
- Related to trading activities in Kavit Industries Limited scrip
- This is a compliance release order indicating completion of recovery proceedings
- Companion to completion order for the same recovery certificate
Regulatory Changes
No new regulatory changes introduced. This is an enforcement/compliance order specific to an individual case.
Compliance Requirements
The release order indicates that the compliance requirements under Recovery Certificate No. 8714 of 2025 have been satisfied. Specific compliance actions are detailed in the order document.
Important Dates
- Order Date: October 8, 2025
- Recovery Certificate Number: 8714 of 2025
Impact Assessment
This is a case-specific compliance release order with minimal market-wide impact. It affects only the individual named (Natvarbhai Vegda) and relates to past trading activities in Kavit Industries Limited. The release order signifies closure of the recovery proceedings for this specific case.
Impact Justification
Release order indicating compliance completion for a specific individual case; limited market-wide impact