SEBI Orders Avadhut Sathe Trading Academy to Refund Rs 546 Crore, Imposes Rs 11.5 Crore Penalty
The Securities and Exchange Board of India (SEBI) has ordered Avadhut Sathe Trading Academy Pvt. Ltd and its founder to refund Rs 546.17 crore collected from investors for unregistered investment advisory and research analyst services. SEBI also directed a Rs 67.87 crore interest deposit to its Investor Protection and Education Fund and imposed a total penalty of Rs 11.5 crore. The academy and Avadhut Sathe are barred from securities markets for two years or until compliance, while director Gouri Sathe faces a six-month ban. Refund notices must be published in national and local newspapers, with a structured refund process overseen by auditors.
First-hand measurement across 2 sources
We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is negative (38/100). Lens Score 54/100.
Outlets measured: moneycontrol, mint. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (38–38/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
mint broke this story on 23 Oct, 05:21 pm. Other outlets followed.