Description
SEBI recovery proceedings remittance advice against Rajesh Pal (PAN: DVGPP1959H) under Recovery Certificate No. 8913 of 2025 in the matter of Continental Seeds and Chemicals Limited.
Summary
SEBI has issued a remittance advice against Rajesh Pal (PAN: DVGPP1959H) as a defaulter under Recovery Certificate No. 8913 of 2025. This action relates to proceedings in the matter of Continental Seeds and Chemicals Limited. The remittance advice is part of SEBI’s enforcement and recovery proceedings mechanism.
Key Points
- Defaulter identified as Rajesh Pal with PAN: DVGPP1959H
- Recovery Certificate No. 8913 of 2025 issued
- Matter relates to Continental Seeds and Chemicals Limited
- Document type: Remittance Advice under SEBI recovery proceedings
- Action taken as part of SEBI’s enforcement mechanism
Regulatory Changes
No new regulatory changes introduced. This is an enforcement action under existing SEBI recovery and enforcement framework.
Compliance Requirements
The remittance advice serves as official notification of recovery proceedings. The defaulter is required to comply with the recovery certificate directives and settle outstanding dues as per SEBI’s recovery mechanism.
Important Dates
- Document Date: February 5, 2026
- Recovery Certificate No.: 8913 of 2025
Impact Assessment
This is an individual-specific enforcement action with limited broader market impact. The remittance advice affects primarily the named defaulter and the specific matter related to Continental Seeds and Chemicals Limited. Investors in the company should monitor developments, though this represents routine regulatory enforcement rather than systemic issues. The action demonstrates SEBI’s ongoing efforts to recover dues and enforce compliance in capital market matters.
Impact Justification
Recovery proceeding against individual defaulter with limited market-wide impact; relevant primarily for enforcement tracking and the specific entity involved