Description
SEBI release order for Carona Infra Projects Private Limited (now known as Alright Merchantile Private Limited) in the matter of ISO at BSE under Recovery Certificate No. 8394 of 2024.
Summary
SEBI has issued a release order for Carona Infra Projects Private Limited (now operating as Alright Merchantile Private Limited, PAN: AADCC4915E) in relation to Recovery Certificate No. 8394 of 2024 concerning an ISO matter at BSE. This order indicates the completion or settlement of recovery proceedings.
Key Points
- Company Name: Carona Infra Projects Private Limited (renamed to Alright Merchantile Private Limited)
- PAN: AADCC4915E
- Recovery Certificate Number: 8394 of 2024
- Matter: ISO at BSE
- Order Type: Release Order
Regulatory Changes
No regulatory changes introduced. This is an enforcement/recovery matter specific to the named entity.
Compliance Requirements
The release order suggests that the company has fulfilled the requirements under the recovery certificate, resulting in the release from the enforcement action.
Important Dates
- Order Date: December 23, 2025
- Recovery Certificate: No. 8394 of 2024
Impact Assessment
This release order has minimal market-wide impact as it is specific to enforcement proceedings against a single private company. The order indicates resolution of recovery matters related to ISO obligations at BSE for the named entity.
Impact Justification
Release order indicating compliance completion for a specific recovery matter. Limited market-wide impact as it pertains to a single private company's recovery certificate matter.