Description
SEBI announces completion of recovery proceedings under Recovery Certificate No. 7693 of 2024 against Shem Raja Sudhakar (PAN: BYVPS2897D) in the matter of Arvind Remedies Ltd.
Summary
SEBI has issued a completion order for Recovery Certificate No. 7693 of 2024 against Shem Raja Sudhakar (PAN: BYVPS2897D) in connection with the matter of Arvind Remedies Ltd. This order signifies the conclusion of recovery proceedings initiated against the individual.
Key Points
- Recovery Certificate No. 7693 of 2024 has been completed
- Entity: Shem Raja Sudhakar (PAN: BYVPS2897D)
- Related matter: Arvind Remedies Ltd.
- Order type: Completion order indicating conclusion of recovery proceedings
Regulatory Changes
No new regulatory changes introduced. This is an administrative order marking the completion of existing recovery proceedings.
Compliance Requirements
No new compliance requirements. The completion order indicates that the recovery proceedings have been concluded.
Important Dates
- Order date: November 28, 2025
- Recovery Certificate: RC No. 7693 of 2024
Impact Assessment
This is a case-specific enforcement action completion with minimal market impact. The order affects only the named individual and concludes the recovery proceedings initiated under the referenced recovery certificate. No broader market implications or changes to regulatory framework.
Impact Justification
Administrative completion order for recovery proceedings against a specific individual. Limited market-wide impact as this is a case-specific enforcement action completion.