Description
SEBI announces completion of recovery proceedings under Recovery Certificate No. RC7968 of 2024 against Mani Marketing and Holdings Pvt. Ltd (PAN: AABCM7440C) in the matter of illiquid stock options.
Summary
SEBI has announced the completion of recovery proceedings under Recovery Certificate No. RC7968 of 2024 against Mani Marketing and Holdings Pvt. Ltd (PAN: AABCM7440C). The recovery action was initiated in connection with matters related to illiquid stock options.
Key Points
- Recovery Certificate Number: RC7968 of 2024
- Entity: Mani Marketing and Holdings Pvt. Ltd
- PAN: AABCM7440C
- Matter: Illiquid Stock Options
- Status: Recovery proceedings completed
- Date of completion notice: October 9, 2025
Regulatory Changes
No regulatory changes introduced. This is a completion notice for an existing recovery proceeding.
Compliance Requirements
No new compliance requirements. The recovery proceedings against the named entity have been completed.
Important Dates
- October 9, 2025: Notice of completion of recovery proceedings published
Impact Assessment
This notice has minimal market-wide impact as it pertains to the completion of recovery proceedings against a specific private limited company. The completion indicates that SEBI has successfully concluded its enforcement action related to illiquid stock options matter. This serves as a record of regulatory enforcement completion and demonstrates SEBI’s ongoing efforts to recover dues in cases of securities market violations.
Impact Justification
Recovery completion notice indicating successful conclusion of enforcement proceedings against a specific entity, limited market-wide impact