SEBI Notice of Attachment of Bank Account for Shilush Trading Private Limited

भारतीय प्रतिभूति और विनिमय बोर्ड
Securities and Exchange Board of India

GENERAL MANAGER & RECOVERY OFFICER
RECOVERY CELL
EASTERN REGIONAL OFFICE

Tel: 033-23023000
E-mail: recoveryero@sebi.gov.in

Notice of Attachment of Bank Account

Attachment Proceeding No. 15446 of 2026
Certificate No. 9116 of 2026

The Principal Officer/
Chairman & Managing Director/ CEO,
All the Banks in India

1. Whereas a Recovery Certificate No. 9116 of 2026 dated May 15, 2026, has been drawn up by the Recovery Officer in the above proceedings for recovery of a sum of Rs. 5,21,000/- (Rupees Five Lakh Twenty One Thousand Only), as detailed below along with further interest, all costs, charges and expenses etc., against Shilush Trading Private Limited (PAN: AALCS0075M) ["Defaulter"] and the same is due from them in respect of the said certificate. A Notice of Demand dated May 15, 2026 has been issued to the above named.

Description of Dues	Amount (Rs.)
Penalty imposed by the Adjudicating Officer vide Order No. Order/JS/DP/2025-26/32110 dated February 13, 2026 against Shilush Trading Private Limited (PAN: AALCS0075M) in the matter of Illiquid Stock Options	5,00,000/-
Interest from 13/02/2026 to 15/05/2026 @ 1% p.m.	20,000/-
Recovery Cost	1,000/-
Total	5,21,000/-

2. And whereas, there is sufficient reason to believe that the defaulter may dispose of the amounts/proceeds in the Bank accounts held with your Bank and realization of amount due under the certificate would in consequence be delayed or obstructed.

3. It is, therefore, in exercise of powers conferred on me, I hereby order to attach the following with immediate effect to the extent of above said dues:

i. All account/s by whatever name called including lockers of the Defaulter, either singly or jointly with any other person/s, held with your Bank; and

ii. All other amount/ proceeds due or may become due to the Defaulter or any money held or may subsequently hold for or on account of the Defaulter.

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भारतीय प्रतिभूति और विनिमय बोर्ड
Securities and Exchange Board of India

अनुवर्ती:
Continuation:

4. It is further ordered with immediate effect that NO Debit shall be made in the said account/s to the extent of the total dues mentioned above until further orders from the Recovery Officer of SEBI. However, the credits, if any, into the account may be allowed.

5. You are hereby directed to provide the following immediately to the undersigned on service of this Notice:

i. Details of all the Accounts including Lockers held by the defaulter with your Bank,
ii. Copy of the Account Statement/s for the latest one year in respect of all the Accounts;
iii. Confirmation of Attachment of the said account/s;
iv. Complete details of all loan/ advances accounts along with the details of assets charged for the said loan/advances.

6. If the defaulter is not having any type of account with your bank/not having any balance in the account of the defaulter, the same shall be also informed on the email: recoveryero@sebi.gov.in.

7. This Notice of attachment is issued in exercise of powers conferred on Section 28A (1), 11(2)(ia) of SEBI Act, 1992 r/w Section 226 and the Second Schedule of the Income Tax Act, 1961.

Given under my hand and seal at Kolkata this 9th day of June, 2026.

SEAL

Mitrajeet Dey.
RECOVERY OFFICER
मित्रजीत दे / Mitrajeet Dey
वसली अधिकारी एवं महाप्रबंधक
Recovery Officer & General Manager
भारतीय प्रतिभूति और विनिमय बोर्ड
Securities and Exchange Board of India
कोलकाता / Kolkata

Copy to:

Shilush Trading Private Limited
Address 1: 47B, Diamond Harbour Road, Kolkata - 700038 Address 2: 10/ D, Sahapur Colony, S. P. No. 365, New Alipore, Kolkata - 700053 E-mail: subhasagarwala1@gmail.com

With a direction not to receive/ recover/ demand the proceeds/ money held / to be held in the aforesaid accounts.