Description
SEBI announces completion of recovery proceedings under Recovery Certificate No. RC8355 of 2024 dated November 19, 2024 against Sanjay Shastri HUF (PAN: AAYHS3088Q) in the matter of Illiquid Stock Options.
Summary
SEBI has announced the completion of recovery proceedings under Recovery Certificate No. RC8355 of 2024 dated November 19, 2024 against Sanjay Shastri HUF (PAN: AAYHS3088Q) in the matter of Illiquid Stock Options.
Key Points
- Recovery Certificate Number: RC8355 of 2024
- Original Issue Date: November 19, 2024
- Entity: Sanjay Shastri HUF
- PAN: AAYHS3088Q
- Matter: Illiquid Stock Options
- Status: Recovery proceedings completed
Regulatory Changes
No regulatory changes introduced. This is a completion notice for an existing recovery action.
Compliance Requirements
No new compliance requirements. This notice confirms that the recovery proceedings have been completed for the named entity.
Important Dates
- Recovery Certificate Issue Date: November 19, 2024
- Completion Notice Date: October 16, 2025
Impact Assessment
This notice has minimal market impact as it pertains to the completion of recovery proceedings against a specific HUF entity. It serves as an informational disclosure regarding the conclusion of SEBI’s enforcement action in the matter of illiquid stock options.
Impact Justification
This is a completion notice for a specific recovery certificate against an individual HUF entity. It has limited market-wide impact and is primarily informational regarding concluded enforcement action.