Description
SEBI issues a completion certificate confirming that Recovery Certificate No. 7930 of 2024 against Restock Research (Proprietor: Raj Kumar Kushwah, PAN: BWZPK7725C) has been fully satisfied.
Summary
SEBI has issued a Completion Certificate in relation to Recovery Certificate No. 7930 of 2024 against Restock Research, whose proprietor is Raj Kumar Kushwah (PAN: BWZPK7725C). This certificate confirms that the dues specified under the recovery certificate have been fully paid or otherwise satisfied, thereby closing the enforcement proceedings.
Key Points
- Recovery Certificate No. 7930 of 2024 has been marked as completed.
- The certificate is issued against Restock Research, a proprietary concern operated by Raj Kumar Kushwah (PAN: BWZPK7725C).
- The completion certificate serves as formal acknowledgment that the recovery proceedings have concluded successfully.
- No further enforcement action is required under this specific recovery certificate.
Regulatory Changes
No new regulatory changes are introduced by this order. This is an administrative closure document within SEBI’s existing enforcement and recovery framework.
Compliance Requirements
No new compliance requirements arise from this order. The completion certificate signifies the end of the compliance obligation under Recovery Certificate No. 7930 of 2024 for the named entity.
Important Dates
- Order Date: February 2026
- Recovery Certificate Reference: No. 7930 of 2024
Impact Assessment
This order has minimal market impact. It is a routine administrative closure pertaining solely to Restock Research and its proprietor Raj Kumar Kushwah. There is no impact on listed securities, trading operations, or broader market participants. The document signals the conclusion of a prior SEBI enforcement/recovery action against this specific entity.
Impact Justification
This is a closure/completion order confirming a specific entity has satisfied its recovery obligations. It does not introduce new regulations or affect broader market participants.