Description
SEBI has issued a Notice of Demand under Recovery Certificate No. 8946 of 2025 dated November 21, 2025 against Deepesh Jain (PAN: AGQPJ9415L) in the matter of Rajasthan Tubes Manufacturing Co. Ltd.
Summary
SEBI has issued a Notice of Demand under Recovery Certificate No. 8946 of 2025 dated November 21, 2025 against Deepesh Jain (PAN: AGQPJ9415L) in the matter related to Rajasthan Tubes Manufacturing Co. Ltd. This notice is part of SEBI’s enforcement and recovery proceedings to collect dues from the concerned individual.
Key Points
- Recovery Certificate Number: 8946 of 2025
- Date of issuance: November 21, 2025
- Person against whom notice issued: Deepesh Jain
- PAN of the person: AGQPJ9415L
- Matter: Rajasthan Tubes Manufacturing Co. Ltd.
- This is a formal demand notice for recovery of dues
Regulatory Changes
No regulatory changes introduced. This is an enforcement action under existing SEBI regulations.
Compliance Requirements
- Deepesh Jain is required to pay the demanded amount as specified in the recovery certificate
- Failure to comply may result in further recovery actions including attachment of assets
- The concerned individual must respond to the notice within the stipulated timeframe
Important Dates
- Notice Date: November 21, 2025
- Payment deadline and other dates would be specified in the detailed notice
Impact Assessment
This notice has limited market-wide impact as it pertains to recovery proceedings against a specific individual in relation to a particular matter involving Rajasthan Tubes Manufacturing Co. Ltd. The action is part of SEBI’s ongoing enforcement mechanism to recover dues from entities and individuals who have violated securities regulations. Market participants are not directly affected unless they have dealings with the concerned individual or entity.
Impact Justification
Notice of demand for recovery proceedings against an individual in a specific company matter. High severity for the person involved but low market-wide impact.