Order in the matter of First Overseas Capital Ltd.
Plain-language summary (AI-generated) — a quick read so you don't have to open the full PDF. May contain errors; the original document below is authoritative.
What is this order about?
SEBI issued an order against First Overseas Capital Ltd. (FOCL) for failing to maintain the required net worth of INR 5 crores as a merchant banker for the financial years ending 2019, 2020, and 2021.
Who it concerns
First Overseas Capital Ltd.
What was found or directed
- Net worth below INR 5 crores for FYs 2019-2021
- Violation of MB Regulations
- Registration suspended for 6 months
- Regulatory censure issued
| Source body | Securities & Exchange Board of India (SEBI) — enforcement orders |
| Reference number | WTM/AN/CFD/CFD-SEC-4/31702/2025-26 |
| Status | closed (section: order) |
| Year | 2025 |
| Closing date | — |
| Documents | 1 |
Highlights & Points worth asking
Auto-generated, neutral observations. Auto-generated from public documents. May contain errors. Not legal or financial advice. Always verify against the linked original document. KaunZimmedar is a platform, not an authority.
No automated observations for this document. Read the documents below directly.
Documents
The original government PDF is the authoritative source — shown below, or open it full-screen in a new tab.
Order
2025-10-03
1759503902552_1.pdf
Tap “Open the PDF” above to view this document.
Discussion (0)
Citizens discussing these documents. A discussion space — nothing here is verified fact or an official finding. Reading is free; sign in to take part.
Open discussion (0) →