Description
SEBI issues Notice of Demand under Recovery Certificate No. 8950 of 2025 against Deepika Jain in the matter of Rajasthan Tube Manufacturing Company Limited for recovery proceedings.
Summary
SEBI has issued a Notice of Demand dated November 21, 2025, under Recovery Certificate No. 8950 of 2025 against Deepika Jain (PAN: ACEPJ7192A) in connection with the matter of Rajasthan Tube Manufacturing Company Limited. This notice is part of SEBI’s recovery proceedings for enforcement of regulatory orders.
Key Points
- Notice issued against Deepika Jain (PAN: ACEPJ7192A)
- Recovery Certificate No. 8950 of 2025
- Related to Rajasthan Tube Manufacturing Company Limited
- Date of Notice: November 21, 2025
- Enforcement action under SEBI recovery proceedings
Regulatory Changes
No new regulatory changes. This is an enforcement action under existing SEBI recovery framework.
Compliance Requirements
- Deepika Jain is required to comply with the demand specified in the Recovery Certificate
- Payment of outstanding amounts as determined by SEBI
- Failure to comply may result in further recovery proceedings including attachment of assets
Important Dates
- Notice Date: November 21, 2025
- Payment Deadline: As specified in the Recovery Certificate
Impact Assessment
Individual Impact: High - The named individual faces recovery proceedings which may include penalties, attachment of assets, and potential legal consequences for non-compliance.
Company Impact: Moderate - This action against an individual associated with Rajasthan Tube Manufacturing Company Limited may indicate broader compliance issues with the company.
Market Impact: Low to Moderate - Recovery proceedings against individuals associated with listed companies may affect investor confidence in the concerned entity.
Impact Justification
High severity enforcement action involving recovery proceedings against an individual under a Recovery Certificate issued by SEBI, indicating serious compliance violations related to Rajasthan Tube Manufacturing Company Limited