SEBI action against famous fininfluencer Avadhoot Sathe, Rs 546 crore seized; Panic in the market

SEBI Action On Avadhut Sathe: The Securities and Exchange Board of India (SEBI) has taken major action against Mumbai’s well-known fininfluencer Avadhoot Sathe and his company Avadhoot Sathe Trading Academy (ASTAPL). The market regulator has banned him from the stock market and confiscated his assets worth about ₹546.16 crore. SEBI says that Sathe and his company have actually provided investment advice and research services in the name of share market education. But they did not have the registration required by SEBI. He is accused of taking course fees and advising people to invest in particular shares, which is against the rules.

Overall, between 2015 and 2025, Sathe Trading Academy had collected more than ₹601.37 crore, out of which ₹546.16 crore received from eight course batches between 2020 to 2025 has been considered illegal earnings by SEBI.

Ban on trading in share market

Both Sathe and his academy were immediately banned from the securities market. Now they cannot buy or sell shares. His bank and demat account accounts have been frozen. They are directed to deposit the seized amount of ₹546.16 crore in a fixed deposit in the name of SEBI. SEBI has said that this step is to put brakes on illegal financial advisors and fininfluencer culture running under the guise of education.

SEBI has already taken action

In August 2025, SEBI team had raided Avadhut Sathe’s academy. His training sessions included promoting penny stocks and Attractive returns to investors There were complaints of promising. The accused were trying to hide the provision of advisory services by calling it education. But even when SEBI had earlier warned in March 2024, these activities continued. This is the reason why such strict action has been taken now.

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Why is this action important?

This case is not just about one individual, but is emblematic of the growing “finfluencer” culture in India and the vigilance towards ill-conceived investment advice. SEBI believes that investment advice given without registration and license may put small investors at risk. The move is being considered a timely move to “protect investors at large”.