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SEBI Order for Compliance – Notice of Demand for Recovery Certificate No. RC 8255 of 2024 against 1. M/s Innovative Research (Proprietor Mr Hasmukh Malvi) (PAN:BVPPM9800D) 2. M/s Innovative Financial Research (Proprietor Mr Raja Singh) (PAN:DEQPS2810B) in the matter of M/s Innovative Research and M/s Innovative Financial Research.