Description
SEBI issues release order for Navneet Agarwal and Sons HUF (PAN: AAGHN4487C) in the matter of trading in illiquid stock options on BSE, Certificate No. 8433 of 2024.
Summary
SEBI has issued a release order pertaining to Recovery Certificate No. 8433 of 2024 for Navneet Agarwal and Sons HUF (PAN: AAGHN4487C) in the matter of trading in illiquid stock options on the Bombay Stock Exchange (BSE). This order marks the completion or resolution of recovery proceedings against the defaulter.
Key Points
- Entity: Navneet Agarwal and Sons HUF
- PAN: AAGHN4487C
- Certificate No.: 8433 of 2024
- Matter: Trading in Illiquid Stock Options on BSE
- Order Type: Release Order
- Date: January 9, 2026
Regulatory Changes
No regulatory framework changes. This is an enforcement action against a specific defaulter.
Compliance Requirements
This order pertains to recovery proceedings against a specific defaulter entity. No compliance requirements for other market participants.
Important Dates
- Release Order Date: January 9, 2026
- Recovery Certificate No.: 8433 of 2024
Impact Assessment
Limited impact on the broader market. This is an enforcement action specific to one HUF entity involved in trading illiquid stock options. The release order indicates completion of recovery proceedings. No systemic implications for other market participants or trading operations on BSE.
Impact Justification
Recovery certificate completion for specific defaulter entity with limited market-wide impact