Description
SEBI issues notice of demand against Rajasthan Tube Manufacturing Company Limited for recovery proceedings under certificate no. 8949 of 2025.
Summary
SEBI has issued a Notice of Demand dated November 21, 2025, under Recovery Certificate No. 8949 of 2025 against Rajasthan Tube Manufacturing Company Limited (PAN: AABCR1642P). This notice represents formal recovery proceedings initiated by SEBI to recover outstanding dues from the company.
Key Points
- Recovery Certificate No. 8949 of 2025 issued against Rajasthan Tube Manufacturing Company Limited
- PAN of the entity: AABCR1642P
- Notice issued on November 21, 2025
- Formal recovery proceedings under SEBI enforcement framework
Regulatory Changes
No new regulatory changes. This is an enforcement action under existing SEBI recovery provisions.
Compliance Requirements
- The entity must respond to the notice of demand immediately
- Payment of outstanding dues as specified in the recovery certificate
- Failure to comply may result in further enforcement actions including asset attachment
- The entity should engage with SEBI’s Recovery Cell to resolve outstanding obligations
Important Dates
- Notice Date: November 21, 2025
- Recovery Certificate No.: 8949 of 2025
Impact Assessment
This notice has high impact on Rajasthan Tube Manufacturing Company Limited as it represents formal recovery proceedings by SEBI. Non-compliance with the notice of demand can lead to severe consequences including:
- Attachment and sale of movable and immovable properties
- Arrest and detention in civil prison
- Prohibition from accessing capital markets
- Adverse impact on the company’s creditworthiness and business operations
The company must take immediate action to settle outstanding dues or approach appropriate legal forums for relief.
Impact Justification
Recovery certificate indicates enforcement action for non-compliance with SEBI orders, requiring immediate attention from the entity