Description
SEBI issues Notice of Demand under Recovery Certificate No. RC9017 of 2026 against Mukesh Goenka (PAN: AVBPG0964H) in the matter of Illiquid Stock Options.
Summary
SEBI has issued Recovery Certificate No. RC9017 of 2026 containing a Notice of Demand against Mukesh Goenka (PAN: AVBPG0964H) in connection with the matter of Illiquid Stock Options. This is part of SEBI’s enforcement and recovery proceedings to collect dues from individuals involved in securities market violations.
Key Points
- Recovery Certificate Number: RC9017 of 2026
- Person Against Whom Notice is Issued: Mukesh Goenka
- PAN: AVBPG0964H
- Matter: Illiquid Stock Options
- Document Type: Notice of Demand under recovery proceedings
- Issuing Authority: Securities and Exchange Board of India (SEBI)
Regulatory Changes
No regulatory changes. This is an individual enforcement action.
Compliance Requirements
Mukesh Goenka is required to comply with the demand notice and pay the amounts specified in the recovery certificate. Failure to comply may result in further recovery actions including attachment of assets, bank accounts, or other enforcement measures under SEBI’s recovery mechanisms.
Important Dates
- Certificate Issue Date: February 9, 2026
- Payment deadline and other specific dates would be mentioned in the detailed notice
Impact Assessment
Market Impact: Negligible. This is an individual enforcement action with no direct impact on market operations or trading activities.
Compliance Impact: High for the named individual (Mukesh Goenka) who must comply with the recovery demand. No impact on other market participants.
Regulatory Significance: Part of SEBI’s ongoing enforcement actions to recover dues from individuals involved in illiquid stock options manipulation or violations. Demonstrates continued regulatory vigilance in pursuing recovery from violators.
Impact Justification
Individual enforcement action with limited market-wide impact, specific to recovery proceedings against one person