Sebi bars Avadhut Sathe, academy from markets, imposes ₹11.5 crore penalty

The Securities and Exchange Board of India (Sebi) has barred Avadhut Sathe and his academy from the markets and imposed a penalty of ₹11.5 crore for offering unregistered services.

The order directs them to refund ₹546.17 crore to eligible investors.