SEBI has issued a Notice of Demand dated May 08, 2026 under Recovery Certificate No. 9105 of 2026 against Amit Jain (PAN: AAEPJ3715H), identified as a defaulter in the matter of Himalaya Granites Ltd. The notice demands payment of outstanding dues pursuant to the recovery certificate issued by SEBI.

Key Points

• Recovery Certificate No. 9105 of 2026 issued against Amit Jain (PAN: AAEPJ3715H)
• Amit Jain is designated as a defaulter in the matter of Himalaya Granites Ltd.
• Notice of Demand dated May 08, 2026 directing payment of dues
• Action taken under SEBI’s recovery and enforcement powers

Regulatory Changes

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

Compliance Requirements

• Amit Jain (PAN: AAEPJ3715H) is required to comply with the Notice of Demand and pay all outstanding dues specified under Recovery Certificate No. 9105 of 2026
• Failure to comply may result in further enforcement measures including attachment of assets

Important Dates

• Recovery Certificate Date: 2026 (RC No. 9105 of 2026)
• Notice of Demand Date: May 08, 2026

Impact Assessment

This action is limited in scope to the named individual defaulter (Amit Jain) in the matter of Himalaya Granites Ltd. There is no broad market or systemic impact. The recovery proceeding is a standard enforcement mechanism employed by SEBI to collect dues from individuals found in violation of securities laws. Investors in Himalaya Granites Ltd. should note this as part of ongoing regulatory enforcement related to the company.