Description
SEBI compliance order regarding recovery certificate enforcement against Mudrikaben Pareshkumar Shah in connection with illiquid stocks options trading at BSE.
Summary
SEBI has issued a compliance order regarding Recovery Certificate No. 8793 of 2025 against Mudrikaben Pareshkumar Shah in the matter of illiquid stocks options trading at BSE. This order pertains to enforcement and recovery proceedings.
Key Points
- Recovery Certificate No. 8793 of 2025 issued against Mudrikaben Pareshkumar Shah
- Matter relates to illiquid stocks options trading at BSE
- Remittance order for compliance enforcement
- Part of SEBI’s regulatory enforcement actions
Regulatory Changes
No specific regulatory changes announced in this compliance order.
Compliance Requirements
- Compliance with recovery certificate provisions
- Remittance of specified amounts as per the order
- Adherence to enforcement directions issued by SEBI
Important Dates
- Order Date: August 12, 2025
- Recovery Certificate No. 8793 of 2025
Impact Assessment
This is an individual enforcement action with limited broader market impact. It demonstrates SEBI’s continued enforcement of regulations related to illiquid stocks options trading violations.
Impact Justification
Recovery certificate enforcement order with specific compliance requirements for individual entity