Description

SEBI recovery notice demanding payment from Smart Infraproperties Pvt. Ltd. (PAN: AAQCS6937F) in relation to the Cressanda Solutions Limited case.

Summary

SEBI has issued Certificate No. RC8922 of 2025 containing a Notice of Demand against Smart Infraproperties Pvt. Ltd. (PAN: AAQCS6937F) in connection with the matter of Cressanda Solutions Limited. This is a recovery proceeding initiated by SEBI to collect outstanding amounts.

Key Points

  • Recovery Certificate Number: RC8922 of 2025
  • Entity Against Whom Demand Issued: Smart Infraproperties Pvt. Ltd.
  • PAN of Entity: AAQCS6937F
  • Related Matter: Cressanda Solutions Limited
  • Nature: Notice of Demand under SEBI recovery proceedings

Regulatory Changes

No new regulatory changes introduced. This is an enforcement action under existing SEBI recovery regulations.

Compliance Requirements

Smart Infraproperties Pvt. Ltd. is required to:

  • Pay the demanded amount as specified in the notice
  • Comply with the payment timeline provided in the recovery certificate
  • Respond to SEBI’s recovery proceedings as per applicable regulations

Important Dates

  • Certificate Issue Date: October 14, 2025
  • Payment deadline and other specific dates are contained in the detailed notice document

Impact Assessment

Entity-Specific Impact: High impact on Smart Infraproperties Pvt. Ltd., which faces enforcement action and mandatory payment obligations.

Market Impact: Limited broader market impact as this is an entity-specific recovery proceeding.

Compliance Implications: Demonstrates SEBI’s active enforcement of recovery proceedings against entities involved in regulatory violations related to Cressanda Solutions Limited matter.

Impact Justification

Recovery certificate with notice of demand indicates enforcement action against specific entity; high impact for named party but limited broader market impact