Big action! Who is Avadhut Sathe? Why SEBI ordered Avadhut Sathe Trading Academy to refund ₹546 cr

60-Word AI Digest
SEBI ordered Avadhut Sathe and his trading academy to refund ₹546.17 crore, plus ₹67.87 crore in interest, for providing unregistered investment advice and research services. The regulator also imposed ₹11.5 crore in penalties and directed refunds within five months.
Key Takeaways
- SEBI ordered Avadhut Sathe and his trading academy to refund ₹546.17 crore, plus ₹67.87 crore in interest, for providing unregistered investment advice and research services.
- The regulator also imposed ₹11.5 crore in penalties and directed refunds within five months.
- Full details and original dispatch available below.
SEBI ordered Avadhut Sathe and his trading academy to refund ₹546.17 crore, plus ₹67.87 crore in interest, for providing unregistered investment advice and research services. The regulator also imposed ₹11.5 crore in penalties and directed refunds within five months.
Original Publisher Attribution
This summary was curated from What he did?.