Description
SEBI issues release order for Recovery Certificate No. 4512 of 2022 against Minaben Prafulbhai Shah (PAN: COYPS9153J) in the matter of SMS Techsoft (India) Ltd., indicating compliance with recovery proceedings.
Summary
SEBI has issued a Release Order for Recovery Certificate No. 4512 of 2022 against Minaben Prafulbhai Shah (PAN: COYPS9153J) in the matter of SMS Techsoft (India) Ltd. A release order typically indicates that the recovery proceedings have been satisfied or compliance has been achieved.
Key Points
- Recovery Certificate No. 4512 of 2022 has been released
- Individual concerned: Minaben Prafulbhai Shah (PAN: COYPS9153J)
- Related entity: SMS Techsoft (India) Ltd.
- Order type: Release Order (indicates completion/compliance)
- Document creation date: November 21, 2025
Regulatory Changes
No new regulatory changes. This is an enforcement/recovery action completion order.
Compliance Requirements
The release order indicates that compliance requirements or recovery obligations have been met. No further action appears to be required from the individual named in this order.
Important Dates
- Order Date: November 21, 2025
- Recovery Certificate: RC No. 4512 of 2022
Impact Assessment
Market Impact: Low - This is an individual-specific release order related to recovery proceedings. It does not impose new obligations on market participants or affect broader market operations.
Entity Impact: The release order specifically affects Minaben Prafulbhai Shah and may have indirect implications for SMS Techsoft (India) Ltd., indicating resolution of prior recovery proceedings.
Compliance Impact: Minimal - As a release order, it signifies completion rather than imposition of new compliance requirements.
Impact Justification
Release order indicates successful compliance or completion of recovery proceedings against an individual in relation to SMS Techsoft (India) Ltd. Has limited market-wide impact as it pertains to specific recovery proceedings.