Description

SEBI issues a release order under Recovery Certificate No. RC9052 of 2026 against Anita Devi Chokhani (PAN: ACWPC0520B) in the Illiquid Stock Options matter, releasing previously attached assets following completion of recovery.

Summary

SEBI has issued a Release Order under Recovery Certificate No. RC9052 of 2026 in respect of Anita Devi Chokhani (PAN: ACWPC0520B) in connection with the matter of Illiquid Stock Options. This order releases previously attached assets (bank accounts or demat accounts) of the noticee, consequent to the completion of recovery of outstanding dues under the said certificate.

Key Points

  • Release Order issued under Recovery Certificate No. RC9052 of 2026.
  • The noticee is Anita Devi Chokhani (PAN: ACWPC0520B).
  • The matter pertains to SEBI’s enforcement action in the Illiquid Stock Options segment, which involved alleged manipulation of illiquid stock options contracts on BSE.
  • The release order directs the relevant bank or depository to lift the attachment on the noticee’s accounts, as the recovery of dues has been completed.
  • This order is issued alongside or in connection with the Completion Notice for RC9052 of 2026 also dated May 6, 2026.

Regulatory Changes

No new regulatory changes. This is an administrative enforcement action notice releasing previously attached assets upon completion of recovery proceedings.

Compliance Requirements

  • The bank or depository institution holding the attached accounts is required to lift the attachment upon receipt of this Release Order.
  • No further compliance obligations arise for market participants broadly.
  • The recovery proceedings against Anita Devi Chokhani under RC9052 of 2026 are effectively concluded with this release.

Important Dates

  • Date of Release Order: May 6, 2026
  • Recovery Certificate: RC9052 of 2026
  • Related Completion Notice: May 6, 2026

Impact Assessment

Minimal market impact. This notice is an administrative closure step releasing attached assets of a single individual following completion of enforcement recovery proceedings under SEBI’s broader Illiquid Stock Options enforcement drive. It has no bearing on ongoing market operations, trading rules, or listed entities.

Impact Justification

Routine release order for a single individual's attached assets following completion of recovery under RC9052 of 2026; no new regulatory change or broad market impact.