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notificationSEBIWednesday, 15 July 2026

SEBI Order for Compliance - Completion Order for Recovery Certificate No. 8811 of 2025 against BIR FINANCE PRIVATE LIMITED in the matter of Trading in Illiquid Stock Options at BSE.

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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

SEBI Order for Compliance - Completion Order for Recovery Certificate No. 8811 of 2025 against BIR FINANCE PRIVATE LIMITED in the matter of Trading in Illiquid Stock Options at BSE.

Key Facts

TypeNotification
SourceSecurities and Exchange Board of India
PublishedWednesday, 15 July 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
Rs 15,000 crore for Digital India initiatives

Key Authorities

Ministry of FinanceRBISEBIDEAMinistry of Electronics & IT

Key Stakeholders

TaxpayersBanks & NBFCsInvestorsInternet UsersTech CompaniesStartups

Government Context

NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight

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