India's markets regulator has issued a General Remittance Order dated September 23, 2026, in Recovery Certificate No. 8933 of 2025 against Pinal Rajesh Mehta, the legal representative of the late Rajesh Rajnikant Mehta, in connection with the Jay Energy and S. Energies Limited case. The order underscores SEBI's continuing enforcement push to secure compliance in long-running recovery proceedings tied to market violations.

SEBI Orders Compliance in Recovery Case Against Legal Heir in Jay Energy, S. Energies Matter
RDU Global Correspondent
Markets & IPOs Desk
India's markets regulator has issued a General Remittance Order dated September 23, 2026, in Recovery Certificate No. 8933 of 2025 against Pinal Rajesh Mehta, the legal representative of the late Rajesh Rajnikant Mehta, in connection with the Jay Energy and S. Energies Limited case. The order underscores SEBI's continuing enforcement push to secure compliance in long-running recovery proceedings tied to market violations.
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