Description
SEBI issues release order dated December 04, 2025 under Recovery Certificate No. 307 of 2014 drawn against M/s Kalbadevi Finance Limited in the matter of Kolar Biotech Limited.
Summary
SEBI has issued a Release Order dated December 04, 2025 under Recovery Certificate No. 307 of 2014, which was drawn against M/s Kalbadevi Finance Limited in relation to the matter of Kolar Biotech Limited. This order pertains to enforcement and recovery proceedings initiated by SEBI.
Key Points
- Release Order issued under Recovery Certificate No. 307 of 2014
- Entity involved: M/s Kalbadevi Finance Limited
- Related matter: Kolar Biotech Limited
- Order date: December 04, 2025
- Pertains to SEBI enforcement and recovery proceedings
Regulatory Changes
No new regulatory changes introduced. This is an enforcement action related to existing regulations.
Compliance Requirements
Compliance requirements specific to M/s Kalbadevi Finance Limited as per the recovery certificate and release order terms.
Important Dates
- Release Order Date: December 04, 2025
Impact Assessment
This release order has limited market-wide impact as it pertains to specific recovery proceedings against M/s Kalbadevi Finance Limited. The order is part of SEBI’s enforcement mechanism for recovery of dues in the matter of Kolar Biotech Limited.
Impact Justification
Release order pertains to recovery proceedings against specific entity, with limited market-wide impact