Description
SEBI release order dated October 29, 2025, regarding Vivek Kumar Varshney (PAN: AWTPV7908B) as defaulter in Continental Seeds and Chemicals Limited case under Certificate No. 8867 of 2025.
Summary
SEBI has issued a Release Order dated October 29, 2025, under Recovery Certificate No. 8867 of 2025 concerning Vivek Kumar Varshney (PAN: AWTPV7908B) as a defaulter in the matter of Continental Seeds and Chemicals Limited. This order likely pertains to the recovery of outstanding dues and the release of attached properties or assets upon satisfaction of the recovery proceedings.
Key Points
- Release Order issued under Recovery Certificate No. 8867 of 2025
- Concerns Vivek Kumar Varshney identified by PAN: AWTPV7908B
- Related to Continental Seeds and Chemicals Limited matter
- Part of SEBI’s enforcement and recovery proceedings
- Date of order: October 29, 2025
Regulatory Changes
No new regulatory changes introduced. This is an individual enforcement action.
Compliance Requirements
This order applies specifically to Vivek Kumar Varshney and any parties involved in the Continental Seeds and Chemicals Limited matter. Compliance requirements would be detailed in the full order document.
Important Dates
- Order Date: October 29, 2025
- Certificate Number: 8867 of 2025
Impact Assessment
This is an individual enforcement action with limited broader market impact. The release order indicates conclusion or satisfaction of recovery proceedings against the named defaulter. It serves as part of SEBI’s ongoing enforcement mechanism to recover dues and maintain market integrity.
Impact Justification
Release order for individual defaulter - high severity for the individual involved but low broader market impact. Medium importance for tracking enforcement actions.