Description

SEBI releases recovery certificate issued against Shem Raja Sudhakar (PAN: BYVPS2897D) in the matter of Arvind Remedies Ltd.

Summary

SEBI has issued a release order for Recovery Certificate No. 7693 of 2024 issued against Shem Raja Sudhakar (PAN: BYVPS2897D) in the matter of Arvind Remedies Ltd. This order releases the individual from the recovery proceedings.

Key Points

  • Recovery Certificate No. 7693 of 2024
  • Individual: Shem Raja Sudhakar (PAN: BYVPS2897D)
  • Related to: Arvind Remedies Ltd.
  • Order Type: Release Order

Regulatory Changes

No regulatory changes introduced. This is a case-specific enforcement action conclusion.

Compliance Requirements

No ongoing compliance requirements as this is a release order concluding recovery proceedings.

Important Dates

  • Order Date: November 28, 2025

Impact Assessment

Minimal market impact. This is an individual-specific release order concluding recovery proceedings against Shem Raja Sudhakar in connection with Arvind Remedies Ltd. The release indicates that the recovery matter has been resolved or closed.

Impact Justification

Release order indicates closure of recovery proceedings for a specific individual, limited market-wide impact