Description
Recovery proceedings completed against Jayanti Singh (PAN: DLZPS9807N) in the matter of trading in illiquid stock options on BSE under Recovery Certificate No. 7255/2023 dated October 20, 2023.
Summary
SEBI has completed recovery proceedings under Recovery Certificate No. 7255 of 2023 dated October 20, 2023 against Jayanti Singh (PAN: DLZPS9807N) in relation to trading in illiquid stock options on the Bombay Stock Exchange (BSE). This notice confirms the conclusion of enforcement and recovery actions.
Key Points
- Recovery Certificate No. 7255 of 2023 issued on October 20, 2023
- Individual involved: Jayanti Singh (PAN: DLZPS9807N)
- Matter relates to trading in illiquid stock options on BSE
- Recovery proceedings have been completed
- Enforcement action concluded
Regulatory Changes
No new regulatory changes introduced. This is a completion notice for existing enforcement proceedings.
Compliance Requirements
No new compliance requirements. This notice confirms completion of recovery proceedings against the named individual.
Important Dates
- Recovery Certificate Date: October 20, 2023
- Completion Notice Date: December 26, 2025
Impact Assessment
This is a case-specific enforcement completion notice with minimal market-wide impact. It demonstrates SEBI’s continued monitoring and enforcement actions against irregular trading practices in illiquid stock options. The completion of recovery proceedings indicates successful conclusion of enforcement measures against the individual involved.
Impact Justification
Recovery completion notice for individual case; limited market-wide impact but demonstrates enforcement action completion