Description
SEBI announces completion of recovery proceedings under Recovery Certificate No. 7983 of 2024 dated September 09, 2024 issued against Anil Kumar Sharma (PAN: CGUPS0090N) in the matter of Sanco Industries Limited.
Summary
SEBI has issued a notification regarding the completion of recovery proceedings under Recovery Certificate No. 7983 of 2024 dated September 09, 2024. The recovery certificate was issued against Anil Kumar Sharma (PAN: CGUPS0090N) in connection with the matter of Sanco Industries Limited.
Key Points
- Recovery Certificate No. 7983 of 2024 has been completed
- Original certificate dated September 09, 2024
- Issued against: Anil Kumar Sharma (PAN: CGUPS0090N)
- Related entity: Sanco Industries Limited
- Administrative closure of recovery proceedings
Regulatory Changes
No new regulatory changes introduced. This is a status update on existing recovery proceedings.
Compliance Requirements
No new compliance requirements. This circular serves as a notification of the completion of recovery proceedings.
Important Dates
- Recovery Certificate Date: September 09, 2024
- Completion Notification Date: December 26, 2025
Impact Assessment
This circular has minimal market impact as it pertains to the administrative completion of recovery proceedings against a specific individual in relation to Sanco Industries Limited. The notification serves as a formal closure of the recovery certificate proceedings and does not introduce new regulatory requirements or affect broader market operations.
Impact Justification
Administrative notification regarding completion of recovery proceedings against an individual, limited market-wide impact