Description
SEBI issues completion order for Recovery Certificate No. 8439 of 2024 against Yusufbhai Mohmadbhai Katariya in the matter of Illiquid Stock Options at BSE.
Summary
SEBI has issued a completion order for Recovery Certificate No. 8439 of 2024 against Yusufbhai Mohmadbhai Katariya in connection with the matter of Illiquid Stock Options at BSE. This order signifies the conclusion of recovery proceedings initiated against the individual.
Key Points
- Recovery Certificate Number: 8439 of 2024
- Person involved: Yusufbhai Mohmadbhai Katariya
- Matter: Illiquid Stock Options at BSE
- Order Type: Completion Order
- Date: November 28, 2025
Regulatory Changes
No regulatory changes. This is an enforcement action completion order.
Compliance Requirements
This completion order marks the conclusion of recovery proceedings. No ongoing compliance requirements for market participants.
Important Dates
- Order Date: November 28, 2025
Impact Assessment
This is a case-specific enforcement completion order with no broader market impact. It pertains to recovery proceedings against an individual in relation to illiquid stock options trading violations at BSE. The completion order indicates that the recovery process has been concluded.
Impact Justification
Completion order indicates recovery proceedings have concluded for a specific individual case involving illiquid stock options; limited market-wide impact