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Press releaseSEBIMonday, 28 September 2026

Notice of Demand under Recovery Certificate number 9299 of 2026 dated September 28, 2026, issued to Fingravy Wealth Creation Services Private Limited (PAN: AADCF2427Q), Dhiraj Gupta (PAN: CMVPG2518N), Sumit Kumar (PAN: CSIPK7343G), Hemanchal Singh (PAN: FPBPS3962E), Ravindra Singh (PAN: FOIPS5131B) and Ashutosh Sharma (PAN: CBVPS2287K), [Defaulters], jointly and severally, in the matter of Fingravy Wealth Creation Services Private Limited.: under Recovery Certificate No. 9299 of 2026.

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Official press release — a government communication announcing decisions, milestones, or initiatives. Signals intent and often precedes formal notification or legislative action.
Summary
Notice of Demand under Recovery Certificate number 9299 of 2026 dated September 28, 2026, issued to Fingravy Wealth Creation Services Private Limited (PAN: AADCF2427Q), Dhiraj Gupta (PAN: CMVPG2518N), Sumit Kumar (PAN: CSIPK7343G), Hemanchal Singh (PAN: FPBPS3962E), Ravindra Singh (PAN: FOIPS5131B) and Ashutosh Sharma (PAN: CBVPS2287K), [Defaulters], jointly and severally, in the matter of Fingravy Wealth Creation Services Private Limited.: under Recovery Certificate No. 9299 of 2026.
Key Facts
TypePress release
SourceSecurities and Exchange Board of India
PublishedMonday, 28 September 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Key Authorities
Ministry of FinanceRBISEBIDEA
Key Stakeholders
TaxpayersBanks & NBFCsInvestors
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
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Finance & Economy671 tracked→
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