Recovery Certificate No. RC8987/2025 - Notice of Demand against Albright Agencies Private Limited (amalgamated with Superior Commodeal Pvt Ltd) in Thirani Projects Ltd Matter

Description

SEBI issues Recovery Certificate No. RC8987 of 2025 for demand recovery against Albright Agencies Private Limited (PAN: AAGCA5464M), now amalgamated with Superior Commodeal Pvt Ltd, in the matter of Thirani Projects Ltd.

Summary

SEBI has issued Recovery Certificate No. RC8987 of 2025 along with a Notice of Demand against Albright Agencies Private Limited (PAN: AAGCA5464M), which has been amalgamated with Superior Commodeal Pvt Ltd. This action is in connection with the matter of Thirani Projects Ltd and represents SEBI’s enforcement proceedings for recovery of outstanding amounts.

Key Points

• Recovery Certificate Number: RC8987 of 2025
• Entity: Albright Agencies Private Limited (now amalgamated with Superior Commodeal Pvt Ltd)
• PAN: AAGCA5464M
• Related Matter: Thirani Projects Ltd
• Document Type: Recovery Certificate and Notice of Demand
• Issuing Authority: Securities and Exchange Board of India (SEBI)

Regulatory Changes

No new regulatory changes introduced. This is an enforcement action under existing SEBI regulations for recovery of dues.

Compliance Requirements

• The amalgamated entity (Superior Commodeal Pvt Ltd) is required to settle the outstanding demand as specified in the recovery certificate
• The entity must comply with the notice of demand within the prescribed timeline
• Failure to comply may result in further recovery proceedings including attachment of assets and bank accounts

Important Dates

• Certificate Issue Date: 2025
• Publication Date: December 31, 2025
• Payment deadline and other specific dates are contained in the detailed notice

Impact Assessment

Market Impact: Medium - This recovery action affects a private limited company that has been amalgamated, with indirect connection to Thirani Projects Ltd which is a listed entity.

Operational Impact: High for the affected entity - Recovery proceedings can lead to asset attachment and operational restrictions until the demand is settled.

Regulatory Significance: This certificate demonstrates SEBI’s continued enforcement focus on recovering dues from entities involved in securities market violations, including tracking obligations through corporate restructuring such as amalgamations.

Impact Justification

Recovery certificate indicates enforcement action against amalgamated entity for outstanding dues in securities market violations related to Thirani Projects Ltd