# SEBI completes recovery from two in illiquid stock options case 2026-08-10T04:31:20+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet SEBI has completed recovery proceedings against Prabhjeet Singh Chawla and Kamlesh Ahuja in the matter of dealings in illiquid stock options at BSE. The regulator issued Recovery Certificate No. RC9216 of 2026 for Chawla and Recovery Certificate No. 8037 of 2024 for Ahuja. The enforcement action was recorded on August 10, 2026. Both individuals had been identified as defaulters in the case. The recovery certificates were part of SEBI's long-running enforcement against alleged manipulation in illiquid stock options at the Bombay Stock Exchange. The notices include the PAN numbers of the two persons but do not disclose the amounts recovered or any further details. ## Coverage - sebi.gov.in - sebi.gov.in Tags: illiquid stocks, Prabhjeet Singh Chawla, recovery, SEBI, stock options Canonical: https://indianopinion.org/sebi-recovers-rs-1-12-crore-from-prabhjeet-singh-chawla/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/sebi-recovers-rs-1-12-crore-from-prabhjeet-singh-chawla/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.