Description

SEBI has issued a Notice of Demand under Recovery Certificate No. 8948 of 2025 dated November 21, 2025 against Rita R Thakakr (PAN:AHEPT9061D) in relation to Initial Service Offering (ISO) at BSE.

Summary

SEBI has issued a Notice of Demand under Recovery Certificate No. 8948 of 2025 dated November 21, 2025 against Rita R Thakakr (PAN: AHEPT9061D). This action pertains to matters related to Initial Service Offering (ISO) at the Bombay Stock Exchange (BSE). The recovery certificate indicates enforcement action to recover dues from the individual.

Key Points

  • Recovery Certificate No. 8948 of 2025 issued on November 21, 2025
  • Notice issued against Rita R Thakakr (PAN: AHEPT9061D)
  • Matter relates to Initial Service Offering (ISO) at BSE
  • Enforcement action for recovery of outstanding amounts

Regulatory Changes

No regulatory changes introduced. This is an enforcement action under existing recovery proceedings framework.

Compliance Requirements

Rita R Thakakr is required to comply with the demand notice and pay the outstanding amounts as specified in the recovery certificate. Failure to comply may result in further recovery proceedings including attachment of assets.

Important Dates

  • Notice Issue Date: November 21, 2025
  • Recovery Certificate No.: 8948 of 2025

Impact Assessment

This is an individual enforcement action with minimal market-wide impact. The notice pertains to recovery proceedings against a specific individual in connection with ISO-related matters at BSE. It demonstrates SEBI’s continued enforcement of compliance and recovery of dues from defaulting entities.

Impact Justification

Individual enforcement action with limited market-wide impact; recovery proceeding against a specific individual for ISO-related matter at BSE