SEBI Directs Avadhut Sathe Academy to Refund Rs 546 Crore to Participants

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The Securities and Exchange Board of India (SEBI) has ordered the Avadhut Sathe Academy to refund Rs 546 crore to its participants. The academy has been fined Rs 6 crore for its violations. Avadhut Sathe has been penalised Rs 4 crore, while Gouri Avadhut Sathe has been fined Rs 1.5 crore. The source article provides limited further detail on the specific violations or timeline involved.

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