Description
SEBI completes recovery proceedings under Certificate No. 8496 of 2025 against Kamaljeet Singh (PAN: ANIPK8791P) in the matter of trading in illiquid stock options at BSE.
Summary
SEBI announces the completion of Recovery Certificate No. 8496 of 2025 dated January 02, 2025, issued against Kamaljeet Singh (Defaulter, PAN: ANIPK8791P) in the matter of trading in illiquid stock options at BSE. This document marks the conclusion of recovery proceedings against the defaulter.
Key Points
- Recovery Certificate No. 8496 of 2025 has been completed
- Defaulter: Kamaljeet Singh (PAN: ANIPK8791P)
- Original certificate date: January 02, 2025
- Case relates to trading in illiquid stock options at BSE
- Enforcement action has been concluded
Regulatory Changes
No regulatory changes. This is an enforcement completion notice.
Compliance Requirements
No new compliance requirements. This document serves as a notice of completion of recovery proceedings.
Important Dates
- January 02, 2025: Recovery Certificate No. 8496 of 2025 issued
- February 06, 2026: Completion of recovery certificate announced
Impact Assessment
This is a case-specific enforcement action completion with minimal market impact. The completion of the recovery certificate indicates that SEBI has concluded its recovery proceedings against the defaulter in the matter of illiquid stock options trading at BSE. This serves as a record of enforcement action completion and demonstrates SEBI’s follow-through on regulatory enforcement matters.
Impact Justification
Recovery certificate completion against individual defaulter in illiquid stock options trading case. Limited market-wide impact as it pertains to specific enforcement action completion.