Release Order - Recovery Certificate No. RC8414 of 2024 in respect of Om Prakash Dalmia

Published: August 26, 2025

Processed: August 28, 2025

SEBI Compliance recovery-certificate enforcement

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Description

SEBI issues release order for Recovery Certificate No. RC8414 of 2024 concerning Om Prakash Dalmia in relation to Illiquid Stock Options matter.

Summary

SEBI has issued a Release Order for Recovery Certificate No. RC8414 of 2024 in respect of Om Prakash Dalmia (PAN: ADKPD7701J) in connection with the Illiquid Stock Options matter.

Key Points

Recovery Certificate No. RC8414 of 2024 has been released
Concerns Om Prakash Dalmia (PAN: ADKPD7701J)
Related to Illiquid Stock Options enforcement action
Release order indicates resolution of the recovery proceedings

Regulatory Changes

No new regulatory changes introduced. This is an individual enforcement resolution.

Compliance Requirements

No additional compliance requirements for market participants. This concerns resolution of individual enforcement matter.

Important Dates

Release Order Date: August 26, 2025
Original Recovery Certificate: RC8414 of 2024

Impact Assessment

Limited impact on broader market operations. This represents closure of individual enforcement proceedings related to illiquid stock options violations. No systemic implications for market participants.

Category	Compliance
Circular ID	`1c5cd944c7f2ff45`
Impact	Low
Severity	Medium
Tags	recovery-certificate enforcement illiquid-stock-options release-order om-prakash-dalmia
Source	SEBI
Links	PDF Document ↗ Original Source ↗ Permalink