Description

SEBI issued a Notice of Attachment dated 18.02.2026 under Recovery Certificate No. 8948 of 2025 against Rita R Thakkar (PAN: AHEPT9061D) in connection with the matter of ISO at BSE.

Summary

SEBI issued a Notice of Attachment dated 18 February 2026 under Recovery Certificate (RC) No. 8948 of 2025 against Rita R Thakkar (PAN: AHEPT9061D). The attachment has been drawn in connection with the matter of ISO (Initial Share Offering/market irregularity) at BSE. This is a recovery enforcement action by SEBI to attach the assets or properties of the named individual to satisfy outstanding dues or penalties.

Key Points

  • Notice of Attachment issued on 18.02.2026
  • Recovery Certificate No. RC 8948 of 2025 forms the basis of the attachment
  • Action directed against Rita R Thakkar (PAN: AHEPT9061D)
  • Matter pertains to ISO dealings at BSE
  • Attachment is a coercive recovery mechanism under SEBI’s enforcement framework

Regulatory Changes

No new regulatory changes introduced. This is an enforcement/recovery action under SEBI’s existing powers to issue recovery certificates and notices of attachment against defaulters.

Compliance Requirements

  • The named individual (Rita R Thakkar) is required to comply with the attachment order
  • Banks, financial institutions, or third parties holding assets of the named individual may be directed to freeze or surrender such assets
  • Non-compliance with the attachment notice may attract further legal consequences under SEBI Act

Important Dates

  • Date of Notice: 18 February 2026
  • Recovery Certificate: RC No. 8948 of 2025

Impact Assessment

This enforcement action has minimal broader market impact as it targets a specific individual. It reflects SEBI’s ongoing efforts to recover dues from entities found in violation of securities laws in connection with the ISO matter at BSE. Market participants and investors are not directly affected, though it signals continued regulatory vigilance in enforcing past orders and collecting penalties.

Impact Justification

Enforcement action against a specific individual for recovery of dues related to ISO matter at BSE; limited broader market impact but represents SEBI's active enforcement posture.