Description
SEBI release order concerning Mahesh Chand Mittal (PAN: ABJPM0503C) as defaulter in GDR issues of Sybly Industries Limited under Certificate No. 8871 of 2025.
Summary
SEBI has issued a release order under Certificate No. 8871 of 2025 concerning Mahesh Chand Mittal (PAN: ABJPM0503C), who was designated as a defaulter in the matter of GDR issues of Sybly Industries Limited. This order likely marks the completion or resolution of recovery proceedings against the defaulter.
Key Points
- Release order issued for Mahesh Chand Mittal (PAN: ABJPM0503C)
- Matter relates to GDR issues of Sybly Industries Limited
- Certificate Number: 8871 of 2025
- Order issued by SEBI’s enforcement/recovery department
Regulatory Changes
No regulatory framework changes. This is an individual enforcement action.
Compliance Requirements
The release order indicates completion of obligations or proceedings. Specific compliance requirements would depend on the terms of the release as detailed in the full order.
Important Dates
- Order Date: January 14, 2026
- Certificate No. 8871 of 2025
Impact Assessment
This release order has limited market-wide impact as it pertains to a specific individual defaulter case. The resolution of the matter may restore certain rights or remove restrictions that were imposed during the enforcement proceedings. Impact is primarily limited to Mahesh Chand Mittal and potentially Sybly Industries Limited.
Impact Justification
Release order for defaulter in GDR matter indicates resolution of enforcement action; limited market-wide impact but significant for entity involved