Description
SEBI remittance advice issued under Recovery Certificate No. 8144 of 2024 against DAYA BUILDERS PRIVATE LIMITED (PAN: AAACD3040L) in the matter of Trading in Illiquid Stock Options on BSE.
Summary
SEBI has issued a remittance advice under Recovery Certificate No. 8144 of 2024 against DAYA BUILDERS PRIVATE LIMITED (Defaulter, PAN: AAACD3040L). This action relates to a case involving trading in illiquid stock options on the Bombay Stock Exchange (BSE). The remittance advice indicates payment received or recovery action taken in connection with the enforcement proceedings.
Key Points
- Defaulter Entity: DAYA BUILDERS PRIVATE LIMITED
- PAN: AAACD3040L
- Recovery Certificate No.: 8144 of 2024
- Matter: Trading in Illiquid Stock Options on BSE
- Document Type: Remittance Advice
Regulatory Changes
No new regulatory changes introduced. This is an enforcement action document.
Compliance Requirements
This is a remittance advice documenting recovery proceedings. No new compliance requirements for market participants.
Important Dates
- Document Date: October 29, 2025
- Recovery Certificate: No. 8144 of 2024
Impact Assessment
Market Impact: Low - This is an enforcement action against a specific entity and does not have broader market implications.
Operational Impact: Specific to DAYA BUILDERS PRIVATE LIMITED. Indicates SEBI’s ongoing enforcement activities in cases involving manipulation or irregular trading in illiquid stock options.
Significance: Demonstrates SEBI’s commitment to recovering dues from defaulters involved in market manipulation or trading violations.
Impact Justification
Recovery action against specific entity; limited broader market impact but indicates regulatory enforcement for trading violations