Description
General remittance order for recovery proceedings against Om Sales Corporation related to illiquid stock options trading violations at BSE.
Summary
SEBI has issued a General Remittance Order dated January 6, 2026, in Recovery Certificate No. 6681 of 2023 against Om Sales Corporation (PAN: AARPY4343F). This order is related to recovery proceedings in the matter of illiquid stock options trading at the Bombay Stock Exchange (BSE).
Key Points
- Recovery Certificate No. 6681 of 2023 issued against Om Sales Corporation
- Entity PAN: AARPY4343F
- Case relates to illiquid stock options at BSE
- General Remittance Order issued on January 6, 2026
- Reference numbers: HO/50/11/11(8)2026-RRD-TPD-RD3 and I/1937/2026
Regulatory Changes
No new regulatory changes introduced. This is an enforcement action under existing regulations.
Compliance Requirements
This order applies specifically to Om Sales Corporation and pertains to recovery proceedings for violations related to illiquid stock options trading.
Important Dates
- Order Date: January 6, 2026
- Recovery Certificate: No. 6681 of 2023
Impact Assessment
This is an entity-specific enforcement action with no direct market-wide implications. The order is part of SEBI’s ongoing recovery proceedings against Om Sales Corporation for violations related to illiquid stock options trading at BSE. Impact is limited to the specific entity under recovery proceedings.
Impact Justification
Entity-specific recovery proceeding with limited market-wide impact