Notice of Attachment of Bank Accounts and Demat Accounts against M/s. Goldline International Finvest Ltd (Defaulter) in IPO of Eco Friendly Food Processing Park Limited

Description

SEBI notice of attachment of bank accounts and demat accounts (14938 & 14939 of 2025) dated October 17, 2025 against M/s. Goldline International Finvest Ltd (PAN: AACCG6377M) under Recovery Certificate No. 8021 of 2024 in the matter of IPO of Eco Friendly Food Processing Park Limited.

Summary

SEBI has issued a Notice of Attachment of Bank Accounts and Demat Accounts (Attachment Orders 14938 & 14939 of 2025) dated October 17, 2025, against M/s. Goldline International Finvest Ltd (PAN: AACCG6377M) under Recovery Certificate No. 8021 of 2024. This enforcement action is in connection with the matter of IPO of Eco Friendly Food Processing Park Limited, where Goldline International Finvest Ltd has been identified as a defaulter.

Key Points

• Entity: M/s. Goldline International Finvest Ltd
• PAN: AACCG6377M
• Status: Defaulter
• Related Matter: IPO of Eco Friendly Food Processing Park Limited
• Recovery Certificate No.: 8021 of 2024
• Attachment Order Numbers: 14938 & 14939 of 2025
• Notice Date: October 17, 2025
• Action: Attachment of bank accounts and demat accounts

Regulatory Changes

No regulatory changes. This is an enforcement action against a specific defaulter entity.

Compliance Requirements

• Banks and depository participants are required to comply with the attachment orders
• The defaulter entity’s bank accounts and demat accounts are to be frozen/attached as per the orders
• All concerned parties must comply with the recovery proceedings under Certificate No. 8021 of 2024

Important Dates

• Notice Date: October 17, 2025
• Recovery Certificate No. 8021 of 2024 (issued earlier)

Impact Assessment

Market Impact: Medium - This action targets a specific defaulter entity and may not have broad market implications, but it demonstrates SEBI’s enforcement capabilities in IPO-related defaults.

Operational Impact: High - For the defaulter entity (Goldline International Finvest Ltd), this represents a severe enforcement action with immediate operational consequences including freezing of bank and demat accounts.

Precedent Value: This notice serves as a warning to other market participants regarding consequences of defaulting on IPO-related obligations and reinforces SEBI’s commitment to investor protection and market integrity.

Impact Justification

High severity enforcement action involving attachment of bank and demat accounts of a defaulter in IPO-related matter under recovery proceedings