Description

SEBI regulatory certificate/order against Sahadev Paik HUF (PAN: AAUHS4894Q) in the matter of illiquid stock options violations under Appeal Nos. 14860 and 14861 of 2025.

Summary

SEBI has issued Certificate No. RC8783 of 2025 under Appeal Nos. 14860 and 14861 of 2025 against Sahadev Paik HUF (PAN: AAUHS4894Q) in connection with illiquid stock options violations. This regulatory certificate addresses compliance issues related to stock options trading practices.

Key Points

  • Certificate Number: RC8783 of 2025
  • Appeal Numbers: 14860 and 14861 of 2025
  • Entity: Sahadev Paik HUF
  • PAN: AAUHS4894Q
  • Matter: Illiquid Stock Options violations
  • Regulatory Authority: Securities and Exchange Board of India (SEBI)

Regulatory Changes

This certificate represents SEBI’s regulatory action against specific violations related to illiquid stock options trading. The specific regulatory provisions and changes would be detailed in the full certificate document.

Compliance Requirements

The affected entity (Sahadev Paik HUF) must comply with the directives and requirements specified in the certificate. Other market participants should ensure adherence to stock options trading regulations to avoid similar regulatory actions.

Important Dates

  • Certificate Issue Date: September 2025
  • Appeal Reference: A.P Nos 14860 and 14861 of 2025

Impact Assessment

This is an individual entity-specific regulatory action with limited broader market impact. However, it reinforces SEBI’s focus on compliance with stock options trading regulations and serves as a reminder for market participants to maintain proper trading practices in illiquid securities.

Impact Justification

Individual entity compliance matter with limited broader market impact