Description

SEBI Recovery Certificate No. RC9014 of 2026 issued for Kala Suppliers Pvt. Ltd. relating to the matter of illiquid stock options.

Summary

SEBI has issued Recovery Certificate No. RC9014 of 2026 as a Notice of Demand against Kala Suppliers Pvt. Ltd. (PAN: AAECK1933H) in connection with the matter of illiquid stock options. This is an enforcement action for recovery of dues.

Key Points

  • Recovery Certificate Number: RC9014 of 2026
  • Entity: Kala Suppliers Pvt. Ltd.
  • PAN: AAECK1933H
  • Matter: Illiquid Stock Options
  • Document Type: Notice of Demand
  • Issued by: Securities and Exchange Board of India

Regulatory Changes

No regulatory changes. This is an enforcement action specific to the named entity.

Compliance Requirements

Kala Suppliers Pvt. Ltd. is required to comply with the demand notice issued under Recovery Certificate No. RC9014 of 2026. The entity must pay the outstanding dues as specified in the notice.

Important Dates

  • Notice Date: February 6, 2026
  • Payment deadline and other specific dates would be mentioned in the detailed certificate

Impact Assessment

Entity-Specific Impact: High impact on Kala Suppliers Pvt. Ltd. as this is a formal recovery proceeding that may lead to further enforcement actions if non-compliant.

Market Impact: Limited. This is an individual enforcement case relating to illiquid stock options and does not affect broader market operations or regulations.

Regulatory Significance: Part of SEBI’s ongoing enforcement and recovery mechanism for violations related to illiquid stock options trading.

Impact Justification

Recovery certificate issued for a specific entity in an illiquid stock options case. High severity for the named entity but limited market-wide impact.