Description
SEBI announces completion of recovery proceedings under Certificate No. RC7126 of 2025 against Ideal Plywood Traders Pvt Ltd regarding illiquid stock options matter.
Summary
SEBI has completed recovery proceedings under Recovery Certificate No. RC7126 of 2025 against Ideal Plywood Traders Pvt Ltd (PAN: AACCI5171P) in connection with matters related to illiquid stock options. This circular confirms the successful completion of the recovery process initiated by the securities regulator.
Key Points
- Recovery Certificate No. RC7126 of 2025 has been completed
- Entity involved: Ideal Plywood Traders Pvt Ltd (PAN: AACCI5171P)
- Matter relates to illiquid stock options
- Recovery proceedings have been successfully concluded
Regulatory Changes
No new regulatory changes introduced. This circular represents the completion of existing enforcement proceedings.
Compliance Requirements
No additional compliance requirements for market participants. This circular serves as a notification of completed recovery proceedings.
Important Dates
- Circular Date: August 1, 2025
- Recovery Certificate completion confirmed
Impact Assessment
Limited market impact as this relates to completion of specific enforcement action against one entity. Demonstrates SEBI’s continued enforcement of regulations regarding stock options and recovery of dues from non-compliant entities.
Impact Justification
Recovery certificate completion is regulatory milestone but has limited market-wide impact