Description
Recovery certificate issued against Abhinesh Kumar (PAN: AGWPK6944M) in the matter of Irregular Stock Options (ISO) trading at BSE.
Summary
SEBI has issued Recovery Certificate No. 8884 of 2025 dated December 19, 2025 against Abhinesh Kumar (PAN: AGWPK6944M) in connection with irregular stock options (ISO) trading activities at the Bombay Stock Exchange (BSE). This document marks the completion of the recovery process.
Key Points
- Recovery Certificate No. 8884 of 2025 issued on December 19, 2025
- Entity: Abhinesh Kumar (PAN: AGWPK6944M)
- Matter relates to Irregular Stock Options (ISO) trading at BSE
- Recovery process has been completed
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
This is a completion notice for an enforcement action. No new compliance requirements are imposed on market participants.
Important Dates
- December 19, 2025: Date of Recovery Certificate issuance and completion
Impact Assessment
This circular has minimal market-wide impact as it pertains to an individual enforcement case. It demonstrates SEBI’s continued enforcement of regulations against irregular trading activities in stock options. The completion of the recovery certificate indicates that the enforcement process has been concluded for this specific case.
Impact Justification
Recovery certificate is an enforcement action against a specific individual with limited market-wide impact