Description

SEBI issues release order for Recovery Certificate No. 8716 of 2025 in the matter of trading activities by Vijay Pujara in the scrip of Kavit Industries Limited.

Summary

SEBI has issued a Release Order for Recovery Certificate No. 8716 of 2025 against Vijay Pujara in connection with trading activities in the scrip of Kavit Industries Limited. This order indicates compliance with recovery proceedings.

Key Points

  • Recovery Certificate No. 8716 of 2025 pertains to Vijay Pujara
  • Matter relates to trading activities in Kavit Industries Limited scrip
  • Release order issued indicating resolution of recovery proceedings
  • Order dated December 2, 2025

Regulatory Changes

No new regulatory changes introduced. This is an enforcement/compliance order.

Compliance Requirements

The release order indicates that the recovery proceedings have been satisfied or completed for the named entity.

Important Dates

  • Order Date: December 2, 2025

Impact Assessment

This is an individual enforcement matter with limited market-wide impact. The release order suggests resolution of recovery proceedings against Vijay Pujara in relation to trading activities in Kavit Industries Limited. Impact is confined to the specific entity involved.

Impact Justification

Release order indicating completion of recovery proceedings against an individual entity in a specific scrip matter, limited market-wide impact