Description

SEBI issues notice of demand for recovery certificate against M/s. Jay Energy & S Energy in the matter of Jay Energy and S. Energies Limited.

Summary

SEBI has issued Notice of Demand for Recovery Certificate No. 8932 of 2025 against M/s. Jay Energy & S Energy in connection with the matter of Jay Energy and S. Energies Limited. This notice is part of SEBI’s enforcement and debt recovery proceedings against entities that have outstanding dues or have violated securities regulations.

Key Points

  • Recovery Certificate No. 8932 of 2025 issued against M/s. Jay Energy & S Energy
  • Matter relates to Jay Energy and S. Energies Limited
  • Notice of demand issued by SEBI for outstanding dues
  • Part of SEBI’s enforcement and recovery proceedings
  • This is one of multiple recovery notices issued in relation to the same underlying matter

Regulatory Changes

No new regulatory changes. This is an enforcement action under existing SEBI regulations for recovery of dues.

Compliance Requirements

  • M/s. Jay Energy & S Energy are required to respond to the notice and settle outstanding dues
  • Failure to comply may result in further enforcement actions including asset attachment and recovery proceedings
  • The entities must cooperate with SEBI’s recovery certificate proceedings
  • Companies must ensure timely payment of all dues to avoid similar enforcement actions

Important Dates

  • Notice Date: October 28, 2025
  • Recovery Certificate Number: 8932 of 2025
  • Response deadlines and payment timelines would be specified in the detailed notice

Impact Assessment

This enforcement action has minimal market impact as it targets specific entities in relation to a particular matter involving Jay Energy and S. Energies Limited. The notice serves as a public record of SEBI’s recovery proceedings and warns other market participants about compliance obligations. Impact is limited to the parties directly involved. Multiple recovery certificates have been issued in this matter, indicating comprehensive enforcement action against all parties involved.

Impact Justification

This is an enforcement notice for debt recovery against specific companies (M/s. Jay Energy & S Energy) in relation to Jay Energy and S. Energies Limited. While severity is high for the entities involved, market-wide impact is minimal as this targets specific defaulters.