SEBI issues notice of demand against Subair P
In short
SEBI issued a notice of demand dated October 21, 2026 against Subair P, with PAN BDBPP7195N. The notice relates to a case involving Inditrade Capital Limited, formerly JRG Securities Ltd., under RC No. 9306 of 2026.
This matters because it is a formal regulatory action. The reporting does not say how much money is involved or what the alleged issue was.
What the reporting says
SEBI issued a notice of demand dated October 21, 2026 against Subair P, PAN BDBPP7195N, in the matter of M/s Inditrade Capital Limited, formerly M/s JRG Securities Ltd., under RC No. 9306 of 2026. The official source provided does not state the amount demanded, the underlying violation or any next step in the case. As reported, the event is a regulatory demand notice, but the consequences remain unclear.
Why it matters
SEBI issued a notice of demand dated October 21, 2026 against Subair P, PAN BDBPP7195N, in the matter of M/s Inditrade Capital Limited, formerly known as M/s JRG Securities Ltd., under RC No. 9306 of 2026. The official source does not state the demanded amount, the underlying breach, or any enforcement outcome, so the financial and legal impact cannot be measured from the available reporting.