Description
SEBI issues release order for SVPL Developers Private Limited declared as defaulter in the matter of trading in illiquid stock options on BSE under Certificate No. 8424 of 2024.
Summary
SEBI has issued a release order in the matter of SVPL Developers Private Limited (PAN: AANCS4636F), which was declared as a defaulter in connection with trading in illiquid stock options on the Bombay Stock Exchange (BSE). This order relates to Certificate No. 8424 of 2024 and represents an enforcement action by the regulator.
Key Points
- Entity: SVPL Developers Private Limited
- PAN: AANCS4636F
- Matter: Trading in Illiquid Stock Options on BSE
- Certificate Number: 8424 of 2024
- Order Type: Release Order
- Exchange: BSE (Bombay Stock Exchange)
Regulatory Changes
No specific regulatory changes are introduced by this order. This is an enforcement action specific to the named entity.
Compliance Requirements
The release order pertains to specific obligations or recovery proceedings against SVPL Developers Private Limited. Entities should ensure compliance with SEBI regulations regarding trading in stock options and maintain proper records to avoid similar enforcement actions.
Important Dates
- Order Date: January 13, 2026
- Certificate No. 8424 of 2024 (original certificate date from 2024)
Impact Assessment
This release order has limited direct market-wide impact as it pertains to enforcement action against a specific entity. However, it serves as a reminder of SEBI’s continued vigilance in monitoring trading activities in illiquid stock options and taking action against defaulters. Market participants engaged in options trading should ensure full compliance with applicable regulations to avoid similar enforcement actions.
Impact Justification
Release order for specific defaulter entity in stock options trading matter; limited market-wide impact but significant for enforcement proceedings and the specific entity involved