Description
SEBI issues release order for Recovery Certificate RC8355/2024 against Sanjay Shastri HUF in the Illiquid Stock Options matter.
Summary
SEBI has issued a Release Order for Recovery Certificate No. RC8355 of 2024 dated November 19, 2024, concerning Sanjay Shastri HUF (PAN: AAYHS3088Q) in the matter of Illiquid Stock Options. This order indicates the completion or release of recovery proceedings against the entity.
Key Points
- Recovery Certificate Number: RC8355 of 2024
- Recovery Certificate Date: November 19, 2024
- Entity Name: Sanjay Shastri HUF
- PAN: AAYHS3088Q
- Matter: Illiquid Stock Options case
- Order Type: Release Order
- Document Date: October 16, 2025
Regulatory Changes
No regulatory framework changes. This is an entity-specific enforcement order.
Compliance Requirements
This release order is specific to Sanjay Shastri HUF and does not create compliance obligations for other market participants. The release indicates that recovery proceedings under the certificate have been completed or satisfied.
Important Dates
- Recovery Certificate Date: November 19, 2024
- Release Order Date: October 16, 2025
Impact Assessment
This is an entity-specific enforcement action with minimal broader market impact. The release order suggests resolution of recovery proceedings against Sanjay Shastri HUF in the Illiquid Stock Options matter. No implications for general market participants or trading operations.
Impact Justification
Entity-specific recovery certificate release order with limited market-wide impact