Description
SEBI issues notice of demand for recovery certificate against Bhupendra M Soni in relation to Jay Energy and S. Energies Limited case.
Summary
SEBI has issued a Notice of Demand for Recovery Certificate No. 8936 of 2025 against Bhupendra M Soni in the matter concerning Jay Energy and S. Energies Limited. This notice represents enforcement action taken by the regulator to recover dues or penalties.
Key Points
- Recovery Certificate No. 8936 of 2025 issued
- Demand notice directed at Bhupendra M Soni
- Related to Jay Energy and S. Energies Limited matter
- Part of SEBI’s enforcement and recovery proceedings
Regulatory Changes
No new regulatory changes introduced. This is an enforcement action under existing SEBI regulations.
Compliance Requirements
Bhupendra M Soni is required to comply with the recovery certificate and settle the demanded amounts as per SEBI’s directions.
Important Dates
- Notice Date: October 28, 2025
- Recovery Certificate No.: 8936 of 2025
Impact Assessment
This enforcement action has direct impact on the individual named and the companies mentioned (Jay Energy and S. Energies Limited). The broader market impact is limited to reinforcing SEBI’s commitment to enforcement and recovery of dues from non-compliant entities and individuals.
Impact Justification
Recovery certificate notice against individual in relation to specific companies. High severity for parties involved but limited broader market impact.