SEBI issued a General Remittance Order dated April 21, 2026, pursuant to Recovery Certificate (RC) No. 4395 of 2021, against Dinesh Kumar Jaiswal (PAN: ABSPJ3747J). The order relates to the matter of the Global Depository Receipt (GDR) issue of CAT Technologies Limited. This order is part of SEBI’s ongoing enforcement and recovery proceedings to collect dues from individuals found in violation of securities laws.

Key Points

• Recovery Certificate No. 4395 of 2021 issued against Dinesh Kumar Jaiswal (PAN: ABSPJ3747J).
• The order is a General Remittance Order dated April 21, 2026.
• The matter pertains to the GDR issue of CAT Technologies Limited.
• SEBI is directing recovery of dues payable by the named individual under the applicable recovery certificate.

Regulatory Changes

No new regulatory changes are introduced by this order. It is an enforcement/recovery action under existing SEBI recovery mechanism provisions.

Compliance Requirements

• Dinesh Kumar Jaiswal is required to comply with the remittance directions specified in the order and remit the outstanding dues as determined under RC No. 4395 of 2021.
• Banks and financial institutions may be directed to facilitate recovery as per the remittance order.
• General market participants are not directly affected.

Important Dates

• Recovery Certificate Date: RC No. 4395 of 2021 (issued in 2021).
• General Remittance Order Date: April 21, 2026.

Impact Assessment

This order has a limited and targeted impact, affecting only the named individual (Dinesh Kumar Jaiswal) and potentially financial institutions involved in executing the remittance. There is no direct impact on broader market operations, trading, or compliance obligations for general market participants. The order signals continued SEBI enforcement of recovery proceedings related to past GDR-related violations at CAT Technologies Limited.