SEBI issued a notice of demand under Recovery Certificate No. 8979 of 2025 dated December 26, 2025 against Kishan S Rao (PAN: ARXPK0976D) in the matter of Cerebra Integrated Technologies Limited.
Impact
Low
Severity
High
Justification
Recovery certificate issuance indicates serious compliance breach by individual, but limited market-wide impact as it targets specific person rather than broader market participants
List of securities subject to Reversal Trade Cancellation Mechanism (RTCM) for December 2025, covering over 300 stocks where specific trade cancellation procedures will apply.
Impact
Medium
Severity
Medium
Justification
Affects trading operations for over 300 securities with specific trade cancellation procedures. Important for traders and market participants dealing with these stocks to understand RTCM applicability.
NSE circular listing 324 securities subject to Reversal Trade Cancellation Mechanism (RTCM) for November 2025, a surveillance measure to prevent price manipulation.
Impact
High
Severity
Medium
Justification
RTCM is a critical surveillance mechanism affecting 324 securities, enabling NSE to cancel erroneous or manipulative trades. High impact on trading operations and investor protection, though routine monthly update.