Description
SEBI issues General Remittance Order for Recovery Certificate No. 8643 of 2025 against Sumitra Devi in the matter of Initial Public Offering (ISO) at BSE.
Summary
SEBI has issued a General Remittance Order dated December 19, 2025, under Recovery Certificate No. 8643 of 2025 against Sumitra Devi. This order pertains to enforcement action in relation to Initial Public Offering (ISO) matters at the Bombay Stock Exchange (BSE).
Key Points
- Recovery Certificate Number: 8643 of 2025
- Date of Order: December 19, 2025
- Defaulter: Sumitra Devi
- Matter: Initial Public Offering (ISO) at BSE
- Action Type: General Remittance Order for debt recovery
Regulatory Changes
No new regulatory changes introduced. This is an enforcement action under existing SEBI recovery mechanisms.
Compliance Requirements
- Sumitra Devi is required to comply with the recovery proceedings as per the Recovery Certificate
- Banks and financial institutions may be directed to assist in the recovery process
- Failure to comply may result in further enforcement actions including asset attachment
Important Dates
- Order Date: December 19, 2025
- Recovery Certificate Number: 8643 of 2025
Impact Assessment
This is an individual enforcement action with minimal direct market impact. The order is part of SEBI’s ongoing regulatory enforcement framework to recover dues from violators in securities market matters. Market participants are not directly affected, though it demonstrates SEBI’s continued focus on regulatory compliance and debt recovery from defaulters.
Impact Justification
General remittance order for debt recovery against an individual; limited market-wide impact but important for regulatory enforcement tracking