BusinessPhoto: AajTakSEBI fines Avdhut Sathe ₹11.5 crore, orders ₹546 crore refund
SEBI has taken strict action against Avdhut Sathe and ASTPL for providing unregistered trading tips. The regulator ordered a refund of ₹546.17 crore to investors and imposed a penalty of ₹11.5 crore. Sathe's firm was found giving fake share tips under the guise of training, leading to this major enforcement move.
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