Description
SEBI issues a Notice of Demand under Recovery Certificate No. 9087 of 2026 dated April 20, 2026, against Goldenmaple Commodities Private Limited (PAN: AAJCS8332D) in the matter of Illiquid Stock Options (ISO) trading at BSE.
Summary
SEBI has issued a Notice of Demand under Recovery Certificate No. 9087 of 2026, dated April 20, 2026, against Goldenmaple Commodities Private Limited (PAN: AAJCS8332D). The notice relates to the company’s involvement in the matter of Illiquid Stock Options (ISO) at BSE, requiring payment of dues as determined through SEBI’s adjudication and recovery proceedings.
Key Points
- Recovery Certificate No. 9087 of 2026 issued against Goldenmaple Commodities Private Limited
- Defaulter PAN: AAJCS8332D
- Matter pertains to Illiquid Stock Options (ISO) trading at BSE
- Notice of Demand issued on April 20, 2026, directing payment of outstanding dues
- Proceedings conducted under SEBI’s recovery mechanism for enforcement of monetary penalties
Regulatory Changes
No new regulatory changes are introduced by this notice. It is an enforcement action under existing SEBI regulations governing recovery of dues from adjudication orders and directions.
Compliance Requirements
- Goldenmaple Commodities Private Limited is required to pay the amount specified in Recovery Certificate No. 9087 of 2026
- Failure to comply may result in further coercive recovery measures including attachment of assets, bank accounts, or other properties as permissible under SEBI Act and Recovery of Debts Due to Banks and Financial Institutions Act
- The defaulter must respond to the notice within the stipulated timeframe
Important Dates
- April 20, 2026: Date of Recovery Certificate No. 9087 of 2026 and issuance of Notice of Demand
Impact Assessment
This is a targeted enforcement action against a single entity and does not have broad market implications. The proceedings are specific to Goldenmaple Commodities Private Limited’s alleged participation in illiquid stock options manipulation or irregular trading at BSE. SEBI has been actively pursuing recovery proceedings against entities found guilty in ISO manipulation cases, signaling continued regulatory vigilance in the derivatives segment.
Impact Justification
Routine SEBI enforcement action targeting a single entity (Goldenmaple Commodities Pvt Ltd) for violations related to illiquid stock options trading at BSE. Recovery certificate proceedings have limited broader market impact.