Sebi recovery rate less than 2% of Rs 99,490 cr claimed since 2013-14

Number of pending notices was up 31% to 2,872 at the end of FY22, from 2,193 the previous year

The Securities and Exchange Board of India (Sebi) saw a decline in the proportion of money it collected as a percentage of the amounts for which it sent out recovery notices.

It has sent out recovery notices worth Rs 99,490.68 crore since 2013-14. The total amount recovered is Rs 1,450 crore or 1.46 per cent of the cumulative amount (chart 1).

The number of pending notices has also been increasing year after year. The figure at the end of FY22 was 2,872, up 31 per cent from 2,193 in the previous year. This could be driven by the increase in