Description
SEBI has issued Recovery Certificate No. RC9012 of 2026 under A.P. Nos. 15176 & 15177 of 2026 against Shiw Mohan Jaiswal (PAN: ADSPJ7624G) for recovery of dues arising from the illiquid stock options trading matter.
Summary
SEBI has issued Recovery Certificate No. RC9012 of 2026 (A.P. Nos. 15176 & 15177 of 2026) against Shiw Mohan Jaiswal (PAN: ADSPJ7624G) in connection with the illiquid stock options trading matter. This certificate authorizes recovery of outstanding dues from the defaulter.
Key Points
- Recovery Certificate No. RC9012 of 2026 issued by SEBI
- Pertains to A.P. Nos. 15176 & 15177 of 2026
- Issued against Shiw Mohan Jaiswal (PAN: ADSPJ7624G)
- Related to the matter of trading in illiquid stock options
- Certificate enables enforcement of recovery of penalty/dues
Regulatory Changes
No new regulatory changes introduced. This is an enforcement action under existing SEBI recovery mechanisms.
Compliance Requirements
- Shiw Mohan Jaiswal is required to pay the outstanding dues as specified in the recovery certificate
- Non-compliance may lead to further enforcement actions including attachment of assets
Important Dates
- Certificate Date: February 26, 2026
- A.P. Nos. 15176 & 15177 of 2026 referenced
Impact Assessment
This is an individual enforcement action with no broader market impact. The recovery certificate is part of SEBI’s ongoing efforts to recover dues from entities penalized in the illiquid stock options manipulation matter on BSE. The impact is limited to the named individual, Shiw Mohan Jaiswal.
Impact Justification
Individual enforcement action for recovery of dues in illiquid stock options matter; limited broader market impact but significant for the named individual.