Description
SEBI issues release order under Recovery Certificate No. 304 of 2014 against Mastermind Mercantile Co-Op Private Limited in connection with the Kolar Biotech Limited matter.
Summary
SEBI has issued a Release Order dated December 04, 2025 under Recovery Certificate No. 304 of 2014 against Mastermind Mercantile Co-Op Private Limited in relation to the Kolar Biotech Limited matter. This order pertains to recovery proceedings initiated by SEBI.
Key Points
- Release Order issued under RC No. 304/2014
- Entity involved: Mastermind Mercantile Co-Op Private Limited
- Related to Kolar Biotech Limited matter
- Order date: December 04, 2025
Regulatory Changes
No new regulatory changes introduced. This is a case-specific enforcement action.
Compliance Requirements
Compliance requirements are specific to Mastermind Mercantile Co-Op Private Limited as per the terms of the release order.
Important Dates
- Order Date: December 04, 2025
- Recovery Certificate: RC No. 304 of 2014
Impact Assessment
The impact is limited to the specific entity named in the release order. This is part of SEBI’s ongoing enforcement and recovery actions related to the Kolar Biotech Limited case and does not have broad market implications.
Impact Justification
Release order relating to recovery proceedings against specific entity in Kolar Biotech matter; limited market-wide impact, primarily affects named party