Description

SEBI has issued a Notice of Demand under Recovery Certificate No. RC9095 of 2026 against Ambaashree Infratech Pvt. Ltd. (PAN: AAKCA4144N) for non-payment of penalty imposed in the matter of Illiquid Stock Options at BSE.

Summary

SEBI has issued a Notice of Demand under Recovery Certificate No. RC9095 of 2026 against Ambaashree Infratech Pvt. Ltd. (PAN: AAKCA4144N) in the matter of Illiquid Stock Options at BSE. This notice requires the entity to pay the outstanding penalty amount as determined by SEBI’s adjudication proceedings. The Recovery Certificate empowers SEBI to recover the demand as arrears of land revenue under Section 28A of the SEBI Act, 1992.

Key Points

  • Recovery Certificate No. RC9095 of 2026 issued against Ambaashree Infratech Pvt. Ltd. (PAN: AAKCA4144N)
  • Notice of Demand issued for non-payment of penalty in the Illiquid Stock Options matter at BSE
  • SEBI is empowered to recover dues as arrears of land revenue under Section 28A of the SEBI Act, 1992
  • The entity is required to pay the demanded amount immediately to avoid further recovery action
  • Non-compliance may result in attachment and sale of assets

Regulatory Changes

No new regulatory changes. This is an enforcement/recovery action under existing provisions of the SEBI Act, 1992 (Section 28A) and the SEBI (Recovery of Amounts) Rules.

Compliance Requirements

  • Ambaashree Infratech Pvt. Ltd. must pay the full demand amount specified in the Recovery Certificate
  • Payment must be made to SEBI within the stipulated timeframe mentioned in the notice
  • Failure to comply will result in coercive recovery measures including attachment of bank accounts, properties, and other assets
  • The entity should contact SEBI’s Recovery and Refund division for payment details

Important Dates

  • Recovery Certificate issued: 2026
  • Notice of Demand date: April 30, 2026
  • Payment deadline: As specified in the notice (typically 15-30 days from date of notice)

Impact Assessment

This enforcement action is limited in scope, targeting a single private limited company — Ambaashree Infratech Pvt. Ltd. — for violations related to trading in Illiquid Stock Options at BSE. The action is part of SEBI’s broader and ongoing enforcement campaign against entities found to have manipulated or engaged in non-genuine trading in illiquid stock options on Indian exchanges. There is no direct impact on broader markets or other market participants. The issuance of a Recovery Certificate indicates that an earlier adjudication order levying penalty has already been passed and the entity failed to pay voluntarily, prompting this coercive recovery step.

Impact Justification

This is an individual enforcement action via recovery certificate against a single private limited company for illiquid stock options violations at BSE. It has no broader market impact but reflects SEBI's continued enforcement in this matter.