Massive SEBI Order
SEBI Orders Impounding Of Rs 546-Crore 'Unlawful Gains' From Avadhut Sathe, His Academy
SEBI's order also bans Sathe from the securities market until further notice and prohibits him from advertising his performance or those of his course participants.
Sathe has been directed to not collect any fee from existing course participants, and remove all websites and advertisements related to his academy.
Earlier, SEBI had conducted a search operation at Sathe's trading academy. The influencer had claimed that his group did not provide stock tips or advisory services.
