Authority: Deputy General Manager, Quasi-Judicial Cell-1, SEBI
Order Date: August 17, 2026
Case Overview
This notice serves as a follow-up to a Show Cause Notice dated April 16, 2026, issued to Sharwan Kumar Prasad in connection with M/s. Best Agrolife Limited. The notice grants an opportunity for personal hearing before SEBI's Quasi-Judicial Authority in the interest of natural justice. The hearing is scheduled for September 25, 2026, at 11:00 a.m. at SEBI Bhavan - II, Plot No. C-7, G Block, Opposite National Stock Exchange, Bandra Kurla Complex, Bandra (E), Mumbai-400051.
Final Outcome
The notice outlines procedural requirements for the hearing: Sharwan Kumar Prasad may appear personally or through an authorized representative who must bring original and photocopy of their Identity Card, original Authorization Letter, and PAN of the Noticee. Online attendance through videoconferencing using Webex is permitted upon providing email IDs and mobile number for link sharing. The notice requires acknowledgment of receipt and confirmation of attendance to be sent to pllshree@sebi.gov.in and reginap@sebi.gov.in. Failure to appear or provide a reply will result in the matter being proceeded based on available records.
Topics: SEBI hearing, Regulatory compliance, Corporate governance