Release Order - Recovery Certificate No. RC7977 of 2024 in respect of Sulochana Dalmia

Published: August 27, 2025

Processed: August 28, 2025

SEBI Compliance recovery-certificate enforcement

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Description

SEBI releases recovery certificate for Sulochana Dalmia in illiquid stock options matter, completing enforcement proceedings.

Summary

SEBI has issued a Release Order for Recovery Certificate No. RC7977 of 2024 concerning Sulochana Dalmia (PAN: AAXPD9770F) in relation to illiquid stock options violations. This order concludes the recovery proceedings against the individual.

Key Points

Recovery Certificate No. RC7977 of 2024 has been released
Pertains to Sulochana Dalmia with PAN: AAXPD9770F
Related to illiquid stock options matter
Concludes enforcement proceedings against the individual

Regulatory Changes

No new regulatory changes introduced. This is an enforcement action completion.

Compliance Requirements

No additional compliance requirements for market participants. This relates to completion of individual enforcement proceedings.

Important Dates

Release Order Date: August 27, 2025
Original Recovery Certificate: RC7977 of 2024

Impact Assessment

Limited market impact as this relates to individual enforcement completion. No systemic implications for market operations or other participants.

Category	Compliance
Circular ID	`800e3f6090402881`
Impact	Low
Severity	Medium
Tags	recovery-certificate enforcement illiquid-stock-options release-order sulochana-dalmia pan-aaxpd9770f
Source	SEBI
Links	PDF Document ↗ Original Source ↗ Permalink