Description

SEBI recovery proceedings notice of demand issued against Jain Impex (PAN: ADCPJ3259R) in the matter of Rajasthan Tube Manufacturing Company Limited.

Summary

SEBI has issued a Notice of Demand dated November 21, 2025, under Recovery Certificate No. 8951 of 2025 against Jain Impex (PAN: ADCPJ3259R) in connection with the matter of Rajasthan Tube Manufacturing Company Limited. This notice is part of SEBI’s enforcement and recovery proceedings.

Key Points

  • Recovery Certificate Number: 8951 of 2025
  • Entity: Jain Impex [PAN: ADCPJ3259R]
  • Related Matter: Rajasthan Tube Manufacturing Company Limited
  • Notice Date: November 21, 2025
  • Proceeding Type: Recovery Proceedings under SEBI Enforcement

Regulatory Changes

No new regulatory changes introduced. This is an enforcement action under existing recovery proceedings framework.

Compliance Requirements

Jain Impex is required to comply with the demand notice issued under the recovery certificate. Failure to comply may result in further enforcement actions including attachment of assets and other recovery measures.

Important Dates

  • Notice Issued: November 21, 2025
  • Payment/Compliance Deadline: As specified in the detailed notice

Impact Assessment

This notice has direct impact on Jain Impex and potentially on Rajasthan Tube Manufacturing Company Limited. The broader market impact is limited as this is an entity-specific enforcement action. Stakeholders and creditors of the affected entities should monitor the recovery proceedings for potential financial implications.

Impact Justification

Recovery proceedings notice affecting specific entity; limited broader market impact