SEBI · Enforcement · Low

SEBI recovers dues from Money Mishra Financial Services in unregistered PMS case

SEBI issued a remittance advice against Money Mishra Financial Services under Recovery Certificate No. 9073 of 2026, linked to unregistered portfolio management by Allied Financial Services.

01 Jul 2026 Affects: Money Mishra Financial Services (PAN: AAZFM1357R) and Allied Financial Services Private Limited.

What changed

SEBI initiated recovery proceedings against Money Mishra Financial Services, named as defaulter.
Recovery is under Certificate No. 9073 of 2026 for unregistered PMS activities by Allied Financial Services.
Remittance advice indicates funds are being recovered from the defaulter.

The read

SEBI is recovering dues from Money Mishra Financial Services, a defaulter in the Allied Financial Services unregistered PMS case, under Recovery Certificate No. 9073 of 2026. This is a routine enforcement action with no market-wide impact. It shows SEBI pursuing defaulters, not introducing new rules.

Money Mishra Financial ServicesAllied Financial Services Private LimitedRecovery Certificate No. 9073 of 2026

Primary source: official circular (PDF)