Description
SEBI compliance release order for Recovery Certificate No. 8440 of 2024 issued against Sukhraj Kaur Rajbans in relation to Initial Service Offering at BSE.
Summary
SEBI has issued a release order for Recovery Certificate No. 8440 of 2024 against Sukhraj Kaur Rajbans in connection with Initial Service Offering (ISO) compliance matters at the Bombay Stock Exchange (BSE). This order releases the recovery certificate, indicating compliance or resolution of the matter.
Key Points
- Recovery Certificate No. 8440 of 2024 has been released
- Order pertains to Sukhraj Kaur Rajbans
- Related to Initial Service Offering (ISO) proceedings at BSE
- Release order indicates resolution or compliance with SEBI requirements
- Order dated January 20, 2026
Regulatory Changes
No new regulatory changes introduced. This is an administrative release order for an existing recovery certificate.
Compliance Requirements
The release of the recovery certificate indicates that the compliance requirements or outstanding obligations related to Recovery Certificate No. 8440 of 2024 have been satisfied by the concerned individual.
Important Dates
- Order Date: January 20, 2026
- Recovery Certificate: No. 8440 of 2024
Impact Assessment
Market Impact: Minimal to none. This is an individual-specific enforcement and compliance matter.
Operational Impact: No operational changes required for market participants. This order affects only the specific individual named in the recovery certificate.
Investor Impact: No direct impact on investors or market operations. This is a resolution of an enforcement action against a specific individual regarding ISO compliance at BSE.
Impact Justification
Individual recovery certificate release order with limited market impact; relates to specific enforcement case against one individual regarding ISO compliance at BSE