Description
SEBI issues completion order for Recovery Certificate No. 8937 of 2025 in the matter of Jay Energy & S. Energies Limited involving Bhrugesh Pankaj Mehta.
Summary
SEBI has issued a completion order for Recovery Certificate No. 8937 of 2025 against Bhrugesh Pankaj Mehta in the matter of Jay Energy & S. Energies Limited. This order signifies the conclusion of recovery proceedings initiated under SEBI regulations.
Key Points
- Recovery Certificate No. 8937 of 2025 proceedings have been completed
- Order relates to Bhrugesh Pankaj Mehta
- Matter concerns Jay Energy & S. Energies Limited
- Completion order indicates closure of recovery action
Regulatory Changes
No new regulatory changes introduced. This is an administrative completion order for existing recovery proceedings.
Compliance Requirements
No new compliance requirements. The completion order indicates that the recovery proceedings have concluded.
Important Dates
- Order Date: November 28, 2025
- Recovery Certificate No.: 8937 of 2025
Impact Assessment
This is a case-specific administrative order with minimal market impact. The completion of recovery proceedings affects only the individual named in the order and does not introduce new regulatory requirements or affect broader market operations. The order represents the conclusion of enforcement action rather than initiation of new proceedings.
Impact Justification
Completion order indicating closure of recovery proceedings; routine administrative action with no new regulatory requirements or market-wide implications