Description
SEBI notice of demand issued to Right Commodities Pvt Ltd (PAN: AAMCS2508Q), now amalgamated with Superior Commodeal Pvt Ltd, in relation to Thirani Projects Ltd matter.
Summary
SEBI has issued Recovery Certificate No. RC8993 of 2025 along with a Notice of Demand against Right Commodities Pvt Ltd (PAN: AAMCS2508Q), which has now been amalgamated with Superior Commodeal Pvt Ltd. This enforcement action is related to the matter involving Thirani Projects Ltd.
Key Points
- Recovery Certificate Number: RC8993 of 2025
- Entity: Right Commodities Pvt Ltd (PAN: AAMCS2508Q)
- Current Status: Amalgamated with Superior Commodeal Pvt Ltd
- Related Matter: Thirani Projects Ltd
- Action Type: Notice of Demand issued by SEBI
Regulatory Changes
This is an enforcement action rather than a regulatory change. It represents SEBI’s recovery proceedings against the named entity.
Compliance Requirements
- The entity (now Superior Commodeal Pvt Ltd post-amalgamation) is required to comply with the demand notice
- Payment or response to the recovery certificate as per SEBI’s directions
- The amalgamated entity bears the liabilities of Right Commodities Pvt Ltd
Important Dates
- Certificate Issue Date: December 31, 2025
- Compliance deadlines would be specified in the detailed notice
Impact Assessment
This recovery certificate indicates ongoing enforcement proceedings by SEBI. The amalgamation with Superior Commodeal Pvt Ltd means the successor entity now bears responsibility for any outstanding liabilities. Investors and stakeholders of both Right Commodities Pvt Ltd and Superior Commodeal Pvt Ltd should monitor developments in this matter, as it may have financial and reputational implications.
Impact Justification
Recovery certificate and notice of demand indicate serious enforcement action with financial implications for the entity involved in Thirani Projects Ltd matter