SEBI attaches assets of Nayan Thakkar in DU Digital case
SEBI issued a Notice of Attachment under RC No. 9183 of 2026 against Nayan Mahendrabhai Thakkar in relation to trading in DU Digital Technologies Limited.
The attachment forms part of SEBI's broader recovery action against individuals tied to suspected manipulation in DU Digital scrip. It reinforces the regulator's use of asset attachment as a recovery tool in market abuse enforcement.
Signals continued SEBI enforcement against retail-scale manipulation networks and expands sanctions-style screening lists for Indian intermediaries.
Action Required
Include Nayan Mahendrabhai Thakkar in enforcement watchlists and review any brokerage or custody relationships for potential exposure.
Recovery attachments are enforceable orders that require intermediaries to identify and freeze assets, imposing direct compliance obligations.
Add Nayan Mahendrabhai Thakkar to SEBI enforcement screening. Reassess client onboarding and market surveillance controls for small-cap manipulation typologies.
“SEBI Notice of Attachment dated July 22, 2026 under RC No. 9183 of 2026 against Nayan Mahendrabhai Thakkar in the matter of trading in DU Digital Technologies Limited (now DU Digital Global Limited).”