Description
SEBI announces the completion of Recovery Certificate No. 9028 of 2026 dated February 11, 2026, issued against defaulter Shashi Jain (PAN: ACBPJ2127L) in the matter of ISO at BSE.
Summary
SEBI has announced the completion of Recovery Certificate No. 9028 of 2026, originally issued on February 11, 2026, against Shashi Jain (PAN: ACBPJ2127L), a designated defaulter in the matter of ISO (Investor Securities Obligation) at BSE. This notice confirms that the recovery proceedings initiated under the certificate have been concluded.
Key Points
- Recovery Certificate No. 9028 of 2026, dated February 11, 2026, has been marked as completed.
- The defaulter is Shashi Jain with PAN: ACBPJ2127L.
- The matter pertains to ISO (Investor Securities Obligation) at BSE under the name BSE-SHASHI JAIN.
- SEBI has formally closed the recovery proceedings against this individual.
Regulatory Changes
No new regulatory changes are introduced. This order is an administrative closure of an existing enforcement action.
Compliance Requirements
No new compliance requirements arise from this notice. It is a closure order confirming the completion of an earlier recovery action.
Important Dates
- Recovery Certificate Issued: February 11, 2026
- Completion Order Date: April 28, 2026
Impact Assessment
This circular has minimal market impact as it pertains solely to the closure of a specific individual enforcement/recovery action. It does not affect trading, listing, or broader market operations. Relevant only as a record of SEBI’s enforcement activity against the named defaulter.
Impact Justification
This is an administrative enforcement closure notice marking the completion of a recovery certificate against a specific individual defaulter. It has no broader market-wide regulatory impact.