SEBI Issues Remittance Advice Against Heena Khatoon in Continental Seeds Case

What Happened

SEBI issued a General Remittance Advice on 22 September 2026. It names Heena Khatoon, the proprietor of Heena Enterprises, as a defaulter. Her PAN is FGXPK5721G.

The advice relates to a recovery case. SEBI is recovering dues under Recovery Certificate No. 8876 of 2025. That recovery grows out of an investigation into how some entities traded in the scrip of Continental Seeds and Chemicals Limited.

A General Remittance Advice tells banks and other parties to send money linked to the defaulter to the market regulator. This helps SEBI recover what is owed.

What Changes

If you hold or manage money for Heena Khatoon or Heena Enterprises, this advice applies to you. You must remit those funds to SEBI instead of releasing them to the defaulter.

The advice also puts banks and brokers on notice. Any account linked to the defaulter in this case may face a freeze or a recovery action.

This is a recovery step, not a new penalty. It follows an earlier order that already found dues payable in this matter.

What You Need to Do

If a bank, broker or intermediary holds funds for the named defaulter, act on the remittance advice. Send the money as directed by SEBI.

The PAN in the notice is the key identifier. Use it to check whether any account you handle matches this defaulter.

Keep records of what you remit. Note the recovery certificate number, 8876 of 2025, in your papers.

If you are an ordinary investor with no link to this case, you do not need to do anything. Your own accounts and trades are not affected.

Deadline

No deadline is mentioned in the official source.