Notice(s) of Attachment dated January 07, 2026 issued under RC No. 8970 of 2025 drawn against M/s Highlight Investment Research (Proprietor: Ms. Shilpa Garg)

Description

SEBI issues notices of attachment under Recovery Certificate No. 8970 of 2025 against M/s Highlight Investment Research and its proprietor Ms. Shilpa Garg for recovery of outstanding dues.

Summary

SEBI has issued Notice(s) of Attachment dated January 07, 2026 under Recovery Certificate No. 8970 of 2025 drawn against M/s Highlight Investment Research (Proprietor: Ms. Shilpa Garg). This represents enforcement action to recover outstanding dues through attachment of properties or assets.

Key Points

• Recovery Certificate No. RC 8970 of 2025 issued against M/s Highlight Investment Research
• Proprietor identified as Ms. Shilpa Garg
• Notice of Attachment issued on January 07, 2026
• Action taken under SEBI recovery proceedings
• Represents escalated enforcement measure for non-compliance or non-payment

Regulatory Changes

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

Compliance Requirements

• M/s Highlight Investment Research and Ms. Shilpa Garg must comply with the attachment notice
• Outstanding dues must be settled to prevent further enforcement action
• All attached properties/assets will be subject to SEBI recovery proceedings
• Failure to comply may result in sale of attached assets for recovery

Important Dates

• January 07, 2026: Date of Notice(s) of Attachment issuance
• Recovery Certificate issued in 2025 (RC No. 8970 of 2025)

Impact Assessment

Direct Impact: High severity for M/s Highlight Investment Research and its proprietor Ms. Shilpa Garg. Attachment of properties/assets can significantly impact business operations and personal finances.

Market Impact: Limited broader market impact as this affects a single investment research firm. However, it demonstrates SEBI’s continued enforcement of recovery proceedings against non-compliant entities.

Investor Impact: Investors who have used services of Highlight Investment Research should exercise caution and verify the firm’s regulatory standing before relying on their research or recommendations.

Precedent: Reinforces SEBI’s commitment to recovering outstanding dues through asset attachment when other recovery methods fail.

Impact Justification

High severity enforcement action against a specific entity with limited broader market impact. Important for the entity involved but affects only one research firm.