Description
SEBI issues release order dated December 30, 2025 under Recovery Certificate No. 8927 of 2025 against Mr. Omprakash Basantlal Goenka, Mr. Prakash Ganpat Utekar, Mr. Venkatraman Natrajan and Mr. Narayan Shivram Kotnis in the matter of Royal Twinkle Star Club Private Limited.
Summary
SEBI issued a Release Order dated December 30, 2025 under Recovery Certificate No. 8927 of 2025 drawn against Mr. Omprakash Basantlal Goenka, Mr. Prakash Ganpat Utekar, Mr. Venkatraman Natrajan and Mr. Narayan Shivram Kotnis in the matter of Royal Twinkle Star Club Private Limited. This order addresses recovery proceedings involving the mentioned individuals.
Key Points
- Release Order issued under Recovery Certificate No. 8927 of 2025
- Concerns Royal Twinkle Star Club Private Limited
- Involves four individuals: Mr. Omprakash Basantlal Goenka, Mr. Prakash Ganpat Utekar, Mr. Venkatraman Natrajan and Mr. Narayan Shivram Kotnis
- Part of SEBI’s enforcement and recovery proceedings
Regulatory Changes
No regulatory changes introduced. This is a case-specific release order in ongoing recovery proceedings.
Compliance Requirements
The release order pertains to specific individuals named in the recovery certificate. Compliance requirements are specific to the parties involved in the proceedings.
Important Dates
- December 30, 2025: Release Order issued
Impact Assessment
This is a case-specific enforcement action with limited market-wide impact. The release order affects only the named individuals and Royal Twinkle Star Club Private Limited. No broader implications for market participants or regulatory framework changes.
Impact Justification
Release order pertaining to specific individuals in recovery proceedings; limited market-wide impact