Description

SEBI remittance advice against Goldline International Finvest Ltd. (PAN: AACCG6377M) in the matter of IPO of Eco Friendly Food Processing Park Limited under Recovery Certificate No. 8021 of 2024.

Summary

SEBI has issued a remittance advice against M/s. Goldline International Finvest Ltd. (Defaulter, PAN: AACCG6377M) under Recovery Certificate No. 8021 of 2024. This action relates to the IPO of Eco Friendly Food Processing Park Limited and is part of SEBI’s enforcement and recovery proceedings.

Key Points

  • Defaulter: M/s. Goldline International Finvest Ltd.
  • PAN: AACCG6377M
  • Recovery Certificate Number: 8021 of 2024
  • Related Matter: IPO of Eco Friendly Food Processing Park Limited
  • Action Type: Remittance advice issued as part of recovery proceedings

Regulatory Changes

No new regulatory changes. This is an enforcement action under existing SEBI recovery procedures.

Compliance Requirements

This remittance advice is directed at the defaulter entity (M/s. Goldline International Finvest Ltd.) regarding payment obligations arising from the recovery certificate. The entity is required to comply with the payment directives outlined in the recovery proceedings.

Important Dates

  • Document Date: December 26, 2025
  • Recovery Certificate Number: 8021 of 2024

Impact Assessment

Market Impact: Limited. This is an entity-specific enforcement action with no direct impact on broader market operations or trading.

Operational Impact: High for the defaulter entity. The recovery proceedings indicate outstanding dues related to the IPO matter, and failure to comply may result in further enforcement actions including attachment of assets or other recovery measures as per SEBI’s recovery procedures.

Investor Impact: Investors in Eco Friendly Food Processing Park Limited may take note of this enforcement action as it relates to the company’s IPO process. This demonstrates SEBI’s active enforcement of IPO-related obligations.

Impact Justification

Enforcement action against a defaulter in IPO matter. Specific to one entity with limited market-wide impact but high severity for the defaulter.