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via thehindubusinessline.comPolitics

SEBI orders Avadhut Sathe Trading Academy to refund ₹546 crore and imposes ₹11.5 crore penalty

FROM THE WIRE · THEHINDUBUSINESSLINE.COM

SEBI orders Avadhut Sathe Trading Academy and its founder to refund ₹546.17 crore with interest, imposes ₹11.5 crore in penalties and market restrictions.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe regulatory order targets a trading academy and its founder, with limited market impact.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01SEBI ordered a refund of ₹546.17 crore with interest.
  2. 02Penalties of ₹11.5 crore and market restrictions were imposed on the academy and its founder.

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