Description
SEBI issues completion order for Recovery Certificate No. 8716 of 2025 against Vijay Pujara in connection with trading activities in the scrip of Kavit Industries Limited.
Summary
SEBI has issued a Completion 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 marks the completion of recovery proceedings initiated by SEBI against the concerned individual.
Key Points
- Recovery Certificate No. 8716 of 2025 issued against Vijay Pujara
- Matter relates to trading activities in Kavit Industries Limited scrip
- Completion Order indicates finalization of recovery proceedings
- Order issued under SEBI’s enforcement and recovery mechanisms
Regulatory Changes
No new regulatory changes introduced. This is an individual enforcement action.
Compliance Requirements
This order pertains to specific recovery proceedings against Vijay Pujara. No general compliance requirements for market participants.
Important Dates
- Order Date: December 02, 2025
- Recovery Certificate No.: 8716 of 2025
Impact Assessment
The impact of this order is limited to the specific individual named in the recovery proceedings. This completion order indicates that SEBI has finalized its recovery action against Vijay Pujara related to trading violations in Kavit Industries Limited. There is minimal impact on broader market operations or other market participants. Such orders are part of SEBI’s ongoing enforcement efforts to ensure compliance and recover dues from entities found to have violated securities regulations.
Impact Justification
Completion order indicates finalization of recovery proceedings against a specific individual, with limited broader market impact