Description

SEBI has issued a release order for Recovery Certificate No. RC8046 of 2025 against Jyoti Patawari relating to illiquid stock options violations.

Summary

SEBI has issued a release order for Recovery Certificate No. RC8046 of 2025 against Jyoti Patawari (PAN: BEJPP7178E) in connection with illiquid stock options violations. This represents the completion of recovery proceedings initiated by the regulator.

Key Points

  • Recovery Certificate No. RC8046 of 2025 has been released
  • Individual involved: Jyoti Patawari (PAN: BEJPP7178E)
  • Matter relates to illiquid stock options violations
  • This is a release order indicating completion of recovery proceedings

Regulatory Changes

No new regulatory changes introduced through this release order.

Compliance Requirements

  • Individual has completed obligations under the recovery certificate
  • No further compliance actions required from market participants

Important Dates

  • Release order date: August 1, 2025
  • Recovery Certificate number: RC8046 of 2025

Impact Assessment

Minimal market impact as this is an individual enforcement action completion. The release order indicates successful conclusion of recovery proceedings against the named individual for illiquid stock options violations.

Impact Justification

Individual recovery certificate release with limited market impact