Description
SEBI releases Sangam Infotech Pvt. Ltd. from Recovery Certificate No.421 of 2014 in the matter of Adam Comsof Ltd.
Summary
SEBI has issued a Release Order dated December 18, 2025, in Recovery Certificate No.421 of 2014 against Sangam Infotech Pvt. Ltd. in the matter of Adam Comsof Ltd. This order releases the entity from the recovery proceedings, indicating compliance or settlement of outstanding obligations.
Key Points
- Release Order issued on December 18, 2025
- Recovery Certificate No.421 of 2014
- Entity released: Sangam Infotech Pvt. Ltd.
- Related matter: Adam Comsof Ltd.
- Order suggests resolution of enforcement/recovery proceedings
Regulatory Changes
No new regulatory changes introduced. This is a release order concluding existing enforcement proceedings.
Compliance Requirements
The release order concludes the compliance obligations under Recovery Certificate No.421 of 2014 for Sangam Infotech Pvt. Ltd.
Important Dates
- Release Order Date: December 18, 2025
- Original Recovery Certificate: RC No.421 of 2014
Impact Assessment
The release order has minimal market-wide impact as it pertains to specific enforcement proceedings against Sangam Infotech Pvt. Ltd. The order indicates that the entity has fulfilled its obligations or reached a settlement, allowing SEBI to close the recovery proceedings. This is a positive development for the entity involved but does not affect broader market operations or regulations.
Impact Justification
Release order indicates resolution of enforcement proceedings against specific entity with limited market-wide impact