Description
SEBI announces the completion of recovery proceedings under Recovery Certificate No. RC 8098 of 2024 against Krishna Kumar Jhunjhunwala HUF (PAN: AAJHK7693C) in the matter of illiquid stock options.
Summary
SEBI has completed recovery proceedings under Recovery Certificate No. RC 8098 of 2024 against Krishna Kumar Jhunjhunwala HUF (PAN: AAJHK7693C). The recovery action was related to matters involving illiquid stock options. This notice marks the closure of the recovery proceedings against the specified entity.
Key Points
- Recovery Certificate No. RC 8098 of 2024 has been completed
- Entity involved: Krishna Kumar Jhunjhunwala HUF (PAN: AAJHK7693C)
- Matter relates to illiquid stock options
- Recovery proceedings have been concluded
Regulatory Changes
No regulatory changes announced. This is a completion notice for specific recovery proceedings.
Compliance Requirements
No new compliance requirements. The notice confirms the completion of recovery proceedings against the specified entity.
Important Dates
- Notice Date: December 3, 2025
- Recovery Certificate Completion: 2024-2025
Impact Assessment
This is an entity-specific enforcement action completion notice with no direct market-wide impact. It demonstrates SEBI’s continued enforcement activities related to illiquid stock options violations. The completion of recovery proceedings indicates successful conclusion of the regulatory enforcement process against the specified HUF entity.
Impact Justification
Entity-specific recovery completion notice with limited market-wide implications