Description
SEBI cancels Recovery Certificate No. RC8081 of 2024 issued against Rashmi Mishra (PAN: AAMPB8298H) in the matter of Illiquid Stock Options.
Summary
SEBI has issued a cancellation order for Recovery Certificate No. RC8081 of 2024 that was issued against Rashmi Mishra (PAN: AAMPB8298H). The recovery certificate was issued in connection with the matter of Illiquid Stock Options. This cancellation indicates that the recovery proceedings have been concluded or the outstanding amount has been recovered.
Key Points
- Recovery Certificate No. RC8081 of 2024 has been cancelled
- The certificate was issued against Rashmi Mishra (PAN: AAMPB8298H)
- Related to the matter of Illiquid Stock Options
- Cancellation suggests completion or closure of recovery proceedings
Regulatory Changes
No regulatory changes. This is an administrative order cancelling a recovery certificate.
Compliance Requirements
No compliance action required from market participants. This is a specific enforcement action against an individual entity.
Important Dates
- Cancellation Order Date: January 28, 2026
- Original Recovery Certificate: RC8081 of 2024
Impact Assessment
This cancellation has minimal market impact as it is specific to an individual entity’s recovery proceedings. The cancellation of a recovery certificate typically indicates that:
- The outstanding dues have been fully recovered
- The recovery proceedings have been concluded
- The defaulter has complied with the recovery order
No direct impact on market participants or trading operations.
Impact Justification
Administrative cancellation of recovery certificate against individual entity with no market-wide impact