Description
SEBI releases Recovery Certificate No. RC8210 of 2024 dated October 21, 2024 against Bimla Devi Mundra (PAN: CBZPM6743E) in the matter of Illiquid Stock Options.
Summary
SEBI has issued a Release Order for Recovery Certificate No. RC8210 of 2024 dated October 21, 2024 in respect of Bimla Devi Mundra (PAN: CBZPM6743E) in connection with the matter of Illiquid Stock Options. This order pertains to recovery proceedings initiated by SEBI for enforcement of regulatory dues.
Key Points
- Recovery Certificate No. RC8210 of 2024 issued on October 21, 2024
- Order concerns Bimla Devi Mundra (PAN: CBZPM6743E)
- Matter relates to Illiquid Stock Options
- Release order indicates resolution or modification of recovery proceedings
Regulatory Changes
No broader regulatory changes introduced. This is an individual enforcement action.
Compliance Requirements
This order is specific to the named individual and relates to recovery proceedings. No general compliance requirements for market participants.
Important Dates
- Recovery Certificate Date: October 21, 2024
- Release Order Publication: January 15, 2026
Impact Assessment
This is an individual enforcement action with no material impact on market operations or broader regulatory framework. The release order affects only the specific recovery proceedings against the named individual in the matter of Illiquid Stock Options.
Impact Justification
Individual enforcement action related to recovery proceedings for illiquid stock options matter. Limited market-wide impact.