Description

SEBI issues completion order for Recovery Certificate No. 4492 of 2022 against Minaben Prafulbhai Shah (PAN: COYPS9153J) in the matter of SMS Techsoft (India) Limited.

Summary

SEBI has issued a Completion Order for Recovery Certificate No. 4492 of 2022 dated November 17, 2025, against Minaben Prafulbhai Shah (PAN: COYPS9153J) in the matter of SMS Techsoft (India) Limited. This order marks the completion of recovery proceedings under the SEBI Act.

Key Points

  • Recovery Certificate No. 4492 of 2022 has been completed
  • Noticee: Minaben Prafulbhai Shah (PAN: COYPS9153J)
  • Related entity: SMS Techsoft (India) Limited
  • Order date: November 17, 2025
  • Order type: Completion Order indicating successful recovery

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • The completion order signifies that the recovery proceedings have been concluded
  • No further compliance actions required from the noticee in this matter
  • The recovery certificate stands satisfied/completed

Important Dates

  • November 17, 2025: Completion Order issued
  • Original RC Date: 2022 (Recovery Certificate No. 4492 of 2022)

Impact Assessment

Market Impact: Minimal. This is an administrative order marking the completion of recovery proceedings against an individual in relation to SMS Techsoft (India) Limited.

Investor Impact: No direct impact on investors. The completion order indicates that SEBI’s recovery efforts in this case have concluded.

Operational Impact: No operational changes required. This is a closure notification for a recovery proceeding that has been satisfied.

Impact Justification

Completion order indicates successful recovery of dues from an individual. Low market impact as it pertains to administrative closure of a recovery proceeding.