Big action! Who is Avadhut Sathe? Why SEBI ordered Avadhut Sathe Trading Academy to refund ₹546 cr - What he did? — Market Impact & AI Analysis
Event Explorer
Big action! Who is Avadhut Sathe? Why SEBI ordered Avadhut Sathe Trading Academy to refund ₹546 cr - What he did?
Question
Who is Avadhut Sathe?
Answer
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.
Impact
Evidence Coverage
Impact Score
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Pending analysis
Companies Affected
—
Analyzing…
Sectors Impacted
3
Economy
Evidence Coverage
0%
Low Coverage
What Happened
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.
Most Affected
Company-Level Impact
No sufficiently reliable company-level relationship has been established yet.
Historical Precedent
No sufficiently similar historical precedent found.
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