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NotificationSEBIMonday, 14 September 2026

Release Order - Certificate No. RC7376 of 2023 in respect of Padam Prabhu Vanijya Pvt Ltd (PAN: AAECP9720F) in the matter of Illiquid Stock Options

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Official government notification — a formal executive order that operationalises policy decisions. Carries legal weight and specifies rules, dates, exemptions, or procedural requirements.
Summary
Release Order - Certificate No. RC7376 of 2023 in respect of Padam Prabhu Vanijya Pvt Ltd (PAN: AAECP9720F) in the matter of Illiquid Stock Options
Key Facts
TypeNotification
SourceSecurities and Exchange Board of India
PublishedMonday, 14 September 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Key Authorities
Ministry of FinanceRBISEBIDEA
Key Stakeholders
TaxpayersBanks & NBFCsInvestors
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
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Finance & Economy671 tracked→
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