Description

SEBI initiates Attachment Proceedings (A.P. Nos. 15273 & 15274 of 2026) under Recovery Certificate No. RC9041 of 2026 against Calypso Tieup and Finco Private Limited (PAN: AABCC2133Q) for non-payment of dues in the Illiquid Stock Options enforcement matter.

Summary

SEBI has initiated Attachment Proceedings (A.P. Nos. 15273 & 15274 of 2026) under Recovery Certificate No. RC9041 of 2026 against Calypso Tieup and Finco Private Limited (PAN: AABCC2133Q). This action follows the earlier Notice of Demand (February 18, 2026) under the same RC9041, and represents an escalation in SEBI’s recovery process after the entity failed to pay the demanded dues arising from enforcement action in the Illiquid Stock Options matter on BSE. The attachment proceedings empower SEBI to attach and sell the movable and/or immovable properties of the defaulting entity to recover outstanding dues.

Key Points

  • Attachment Proceedings A.P. Nos. 15273 & 15274 of 2026 initiated under Recovery Certificate No. RC9041 of 2026
  • Proceedings against Calypso Tieup and Finco Private Limited (PAN: AABCC2133Q)
  • Escalation from the Notice of Demand issued on February 18, 2026 under RC9041
  • Part of SEBI’s ongoing enforcement action in the Illiquid Stock Options manipulation matter on BSE
  • Proceedings conducted under Section 28A of the SEBI Act, 1992
  • SEBI is empowered to attach movable and immovable assets of the entity to recover dues
  • Two separate attachment proceedings (A.P. 15273 and A.P. 15274) filed, indicating potential attachment of multiple assets or accounts

Regulatory Changes

No new regulatory changes introduced. This is an enforcement and recovery escalation pursuant to an existing SEBI order and the earlier Notice of Demand in the Illiquid Stock Options matter.

Compliance Requirements

  • Calypso Tieup and Finco Private Limited must satisfy the outstanding dues under RC9041 of 2026 immediately to halt attachment proceedings
  • The entity must cooperate with any recovery official/designated authority conducting the attachment
  • Failure to pay will result in attachment and forced sale of identified assets to recover the dues
  • The entity must comply with the original SEBI order that gave rise to this recovery action

Important Dates

  • February 18, 2026: Original Notice of Demand issued under Certificate No. RC9041 of 2026
  • April 10, 2026: Attachment Proceedings A.P. Nos. 15273 & 15274 of 2026 initiated

Impact Assessment

This attachment proceeding has minimal broader market or investor impact. It is a targeted enforcement escalation against a single private entity — Calypso Tieup and Finco Private Limited — that has failed to pay dues ordered under SEBI’s Illiquid Stock Options enforcement action. The Illiquid Stock Options enforcement has been one of SEBI’s major initiatives targeting manipulation of BSE’s illiquid options segment. Attachment proceedings are the penultimate step in the recovery process, reflecting that the entity has not complied with the earlier Notice of Demand. Market participants and investors are not directly affected unless they have specific dealings with the named entity.

Impact Justification

Escalated enforcement/recovery action (attachment proceedings) against a single private entity for non-payment of dues in the illiquid stock options matter; no broad market impact but significant for the named party facing asset attachment.