Description
SEBI issues release 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 Release Order for Recovery Certificate No. 8439 of 2024 against Yusufbhai Mohmadbhai Katariya in relation to the matter of Illiquid Stock Options at BSE. This order signifies the completion or satisfaction of recovery proceedings.
Key Points
- Recovery Certificate No. 8439 of 2024
- Entity: Yusufbhai Mohmadbhai Katariya
- Matter relates to Illiquid Stock Options at BSE
- Release order issued for compliance
Regulatory Changes
No regulatory changes. This is an individual enforcement action completion.
Compliance Requirements
Release order indicates completion of recovery proceedings. No further compliance action required from the concerned entity under this certificate.
Important Dates
- Order Date: November 28, 2025
Impact Assessment
This is a case-specific enforcement closure with no broader market impact. The release order concludes recovery proceedings against the individual entity.
Impact Justification
Release order indicates closure/completion of recovery proceedings against individual entity; limited market-wide impact