Ravinder-Kumar-Jain - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/tags/ravinder-kumar-jain/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usTue, 05 May 2026 00:00:00 +0000Completion of Recovery Certificate No. 8977 of 2025 Against Ravinder Kumar Jain in ISO at BSE Matterhttps://rhnvrm.github.io/stock-market-circulars/circulars/sebi/2026/sebi-2026-05-05-b3f14abb8ada689c-completion-of-recovery-certificate-no-8977-of-2025-dated-december-19-2025-issued/Tue, 05 May 2026 00:00:00 +0530https://rhnvrm.github.io/stock-market-circulars/circulars/sebi/2026/sebi-2026-05-05-b3f14abb8ada689c-completion-of-recovery-certificate-no-8977-of-2025-dated-december-19-2025-issued/SEBI announces the completion of Recovery Certificate No. 8977 of 2025 dated December 19, 2025 issued against defaulter Ravinder Kumar Jain (PAN: ABUPJ8211B) in the matter of ISO at BSE.sebicompliancelowlowlowb3f14abb8ada689chttps://www.sebi.gov.in/sebi_data/attachdocs/may-2026/1777983843978.pdfrecovery-certificateenforcementdefaulterisobseravinder-kumar-jainSummary

SEBI has issued a notice regarding the completion of Recovery Certificate No. 8977 of 2025, dated December 19, 2025, which was issued against Ravinder Kumar Jain (PAN: ABUPJ8211B) as a defaulter in the matter of ISO at BSE. This circular confirms that the recovery proceedings under the said certificate have been concluded.

Key Points

  • Recovery Certificate No. 8977 of 2025 dated December 19, 2025 has been completed
  • The certificate was issued against Ravinder Kumar Jain, designated as a defaulter
  • PAN of the defaulter: ABUPJ8211B
  • The matter pertains to ISO at BSE (Bombay Stock Exchange)
  • SEBI’s Recovery Officer has recorded the completion of proceedings under this certificate

Regulatory Changes

No new regulatory changes introduced. This circular represents the administrative closure of an existing enforcement action under SEBI’s recovery framework.

Compliance Requirements

No fresh compliance requirements for market participants. This is an enforcement closure document relevant only to the named defaulter and parties to the original proceedings.

Important Dates

  • Recovery Certificate originally issued: December 19, 2025
  • Recovery Certificate No.: 8977 of 2025
  • Completion recorded: May 2026

Impact Assessment

This circular has minimal market impact as it pertains to the administrative completion of recovery proceedings against a specific individual defaulter. It does not affect trading, listing requirements, or broader compliance obligations for market participants. The closure indicates that SEBI has successfully enforced its earlier order in the ISO at BSE matter against Ravinder Kumar Jain.

]]>Release Order – Ravinder Kumar Jain (PAN: ABUPJ8211B) in ISO at BSE Matter – Recovery Certificate No. 8977 of 2025https://rhnvrm.github.io/stock-market-circulars/circulars/sebi/2026/sebi-2026-05-05-17379ad8e92a8ac8-release-order-ravinder-kumar-jain-defaulter-pan-abupj8211b-in-the-matter-of-iso-/Tue, 05 May 2026 00:00:00 +0530https://rhnvrm.github.io/stock-market-circulars/circulars/sebi/2026/sebi-2026-05-05-17379ad8e92a8ac8-release-order-ravinder-kumar-jain-defaulter-pan-abupj8211b-in-the-matter-of-iso-/SEBI issues a release order for defaulter Ravinder Kumar Jain (PAN: ABUPJ8211B) in the matter of ISO at BSE, formally releasing the party from obligations under Recovery Certificate No. 8977 of 2025.sebicompliancelowlowlow17379ad8e92a8ac8https://www.sebi.gov.in/sebi_data/attachdocs/may-2026/1777983803245.pdfrelease-orderrecovery-certificateenforcementdefaulterisobseravinder-kumar-jainSummary

SEBI has issued a Release Order in favour of Ravinder Kumar Jain (PAN: ABUPJ8211B), who was designated as a defaulter in the matter of ISO at BSE. The release order formally discharges the defaulter from obligations under Recovery Certificate No. 8977 of 2025, which was originally issued on December 19, 2025. This order is issued in conjunction with the completion of recovery proceedings under the said certificate.

Key Points

  • Release Order issued to Ravinder Kumar Jain (PAN: ABUPJ8211B)
  • Relates to Recovery Certificate No. 8977 of 2025 dated December 19, 2025
  • Matter pertains to ISO at BSE (Bombay Stock Exchange)
  • Formally releases the defaulter from recovery certificate obligations
  • Issued by SEBI’s Recovery Officer following completion of proceedings
  • Companion document to the Completion Notice for the same recovery certificate

Regulatory Changes

No new regulatory changes introduced. This is a concluding administrative order under SEBI’s enforcement and recovery framework, formally closing the recovery action against the named individual.

Compliance Requirements

No fresh compliance requirements for market participants. This release order is relevant only to the named defaulter (Ravinder Kumar Jain, PAN: ABUPJ8211B) and confirms that the recovery obligation has been discharged.

Important Dates

  • Recovery Certificate originally issued: December 19, 2025
  • Recovery Certificate No.: 8977 of 2025
  • Release Order issued: May 5, 2026

Impact Assessment

This release order has minimal market impact. It represents the administrative closure of enforcement action against a specific individual defaulter in the ISO at BSE matter. The issuance of a release order indicates that SEBI has fully enforced its earlier recovery certificate and the defaulter has satisfied the outstanding obligations. There is no impact on trading, listing requirements, or compliance obligations for broader market participants.

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