Description
SEBI remittance advice for recovery proceedings against New Star System Solutions Pvt Ltd (PAN: AACCN6135C) in the matter of ISO at BSE under Recovery Certificate No. 8361 of 2024.
Summary
SEBI has issued a remittance advice in recovery proceedings against New Star System Solutions Pvt Ltd (PAN: AACCN6135C) under Recovery Certificate No. 8361 of 2024. This relates to matters concerning Initial Public Offering (ISO) at BSE.
Key Points
- Entity: New Star System Solutions Pvt Ltd
- PAN: AACCN6135C
- Recovery Certificate No.: 8361 of 2024
- Matter: ISO at BSE
- Document Type: Remittance Advice
Regulatory Changes
No regulatory changes. This is an enforcement/recovery action document.
Compliance Requirements
This document pertains to recovery proceedings against the named entity. Compliance requirements are specific to New Star System Solutions Pvt Ltd as per the recovery certificate.
Important Dates
- Document Date: October 30, 2025
- Recovery Certificate: No. 8361 of 2024
Impact Assessment
This remittance advice has limited market-wide impact as it relates to specific recovery proceedings against one entity. The action is part of SEBI’s enforcement mechanism for recovering dues from defaulters in ISO-related matters at BSE.
Impact Justification
Administrative document regarding recovery proceedings against a specific defaulter entity. Limited market-wide impact but high severity for the entity involved.