Description

SEBI issues Notice of Demand under Recovery Certificate No. RC9076 of 2026 against Allnew Distributors Private Limited (PAN: AAKCA2105M) for non-payment of dues arising from enforcement action in the Illiquid Stock Options matter.

Summary

SEBI has issued a Notice of Demand under Recovery Certificate No. RC9076 of 2026 against Allnew Distributors Private Limited (PAN: AAKCA2105M) in connection with the matter of Illiquid Stock Options. This notice demands payment of dues determined under a prior SEBI enforcement order and is part of SEBI’s ongoing recovery proceedings against entities found to have participated in manipulative trading in illiquid stock options.

Key Points

  • Recovery Certificate No. RC9076 of 2026 issued against Allnew Distributors Private Limited
  • PAN of the noticee: AAKCA2105M
  • The demand arises from SEBI’s enforcement action in the Illiquid Stock Options matter
  • This is a formal Notice of Demand requiring the entity to pay outstanding dues to SEBI
  • Non-compliance with the notice may lead to attachment and sale of assets under SEBI’s recovery powers

Regulatory Changes

No new regulatory changes. This document is an enforcement/recovery action under existing SEBI (Recovery of Money) Rules, 2010 and the SEBI Act, 1992.

Compliance Requirements

  • Allnew Distributors Private Limited is required to pay the demanded amount as specified in the Recovery Certificate
  • Payment must be made within the timeframe stipulated in the notice
  • Failure to comply may result in SEBI initiating attachment proceedings against the entity’s movable and immovable assets

Important Dates

  • Notice Date: April 1, 2026
  • Recovery Certificate No.: RC9076 of 2026
  • Compliance deadline: As specified within the notice (typically 15–30 days from date of service)

Impact Assessment

This notice has a direct and significant impact on Allnew Distributors Private Limited, which faces potential asset attachment if dues are not paid. The broader market impact is limited, as this is an individual recovery action. However, it signals SEBI’s continued and active pursuit of recovery in the long-running Illiquid Stock Options enforcement saga, which has implicated hundreds of entities involved in synchronized/manipulative options trading on BSE.

Impact Justification

This is an individual enforcement/recovery action against a specific entity (Allnew Distributors Pvt Ltd) arising from the broader Illiquid Stock Options manipulation case. It is significant for the named entity but has limited broader market impact.