Description
SEBI recovery certificate and notice of demand issued against Boser Mercantiles Private Limited (now amalgamated with Superior Commodeal Pvt Ltd) in connection with the Thirani Projects Ltd case.
Summary
SEBI has issued Recovery Certificate No. RC8984 of 2025 along with a Notice of Demand against Boser Mercantiles Private Limited (PAN: AAMCS2508Q), which has now been amalgamated with Superior Commodeal Pvt Ltd. This enforcement action is in connection with the matter of Thirani Projects Ltd.
Key Points
- Recovery Certificate Number: RC8984 of 2025
- Entity: Boser Mercantiles Private Limited (PAN: AAMCS2508Q)
- Current Status: Amalgamated with Superior Commodeal Pvt Ltd
- Related Matter: Thirani Projects Ltd case
- Action Type: Notice of Demand issued by SEBI
Regulatory Changes
No regulatory framework changes. This is an enforcement action under existing SEBI recovery and debt collection procedures.
Compliance Requirements
Boser Mercantiles Private Limited (now Superior Commodeal Pvt Ltd after amalgamation) is required to comply with the demand notice issued under the recovery certificate. The successor entity following amalgamation is responsible for settlement of the demand.
Important Dates
- Certificate Date: December 31, 2025
- Document Publication: January 2026
Impact Assessment
Market Impact: Low - This is a specific enforcement action against a private limited company that has undergone amalgamation.
Entity Impact: High - The entity and its successor company face recovery proceedings and must respond to the demand notice.
Investor Impact: Limited - Impact is specific to entities involved in the Thirani Projects Ltd matter and does not affect broader market participants.
Legal Implications: The amalgamation of Boser Mercantiles with Superior Commodeal Pvt Ltd means the successor entity inherits the liabilities and obligations under this recovery certificate.
Impact Justification
Recovery certificate and demand notice against entity involved in Thirani Projects matter following corporate amalgamation, indicating enforcement action but limited to specific entity