Description

SEBI issues a Release Order lifting the property attachment against Priti Rajesh Katira (PAN: ADHPK0999A) in the matter of trading in illiquid stock options at BSE, releasing the Prohibitory Order dated July 21, 2025.

Summary

SEBI has issued a Release Order in the matter of Recovery Certificate No. 8512 of 2025 against Priti Rajesh Katira (PAN: ADHPK0999A). The order releases the property that was attached via a Prohibitory Order dated July 21, 2025, in connection with proceedings related to trading in illiquid stock options at BSE. This release indicates that the dues under the recovery certificate have been addressed or satisfied.

Key Points

  • Recovery Certificate No. 8512 of 2025 issued against Priti Rajesh Katira (PAN: ADHPK0999A)
  • Property attached under a Prohibitory Order dated July 21, 2025 is now released
  • The matter pertains to trading in illiquid stock options at BSE
  • This release order follows compliance/satisfaction of the recovery proceedings
  • The order is part of SEBI’s ongoing enforcement action in the illiquid stock options case at BSE

Regulatory Changes

No new regulatory changes. This is an administrative enforcement action releasing a prior property attachment under SEBI’s recovery and enforcement mechanism.

Compliance Requirements

  • No new compliance requirements for market participants
  • The release order is specific to Priti Rajesh Katira and pertains solely to the attached property under Recovery Certificate No. 8512 of 2025
  • The prohibitory order on the specified property stands vacated

Important Dates

  • Prohibitory Order (property attachment): July 21, 2025
  • Release Order issued: February 24, 2026
  • Recovery Certificate No.: 8512 of 2025

Impact Assessment

This order has minimal market impact. It is an individual enforcement matter concerning a named respondent in the BSE illiquid stock options case. The release of property attachment suggests the respondent has met the recovery obligations under Recovery Certificate No. 8512 of 2025. No broader trading, listing, or market-operation implications arise from this order.

Impact Justification

This is an administrative enforcement order releasing a property attachment against a specific individual following compliance with recovery proceedings. It has no broader market impact and affects only the named respondent.