Archive · 12 Dec 2025
SEBI Launches Probe Against Avadhut Sathe Trading Academy
SEBI, the stock market regulator in India, has started a preliminary investigation against Avadhut Sathe Trading Academy (ASTA), its founder Avadhut Sathe, and his wife Gauri Sathe.
SEBI found that ASTA made false promises about making money from trading, showed only successful trades while hiding losses, and encouraged people to take loans to pay for their courses.
They also found that ASTA was giving stock tips and advice without being registered to do so.
SEBI has seized Rs546 crore from ASTA, which is one of the largest actions against an influencer in India.
The investigation will look into these allegations and the impact on investors.
SEBI has launched a preliminary enquiry against Avadhut Sathe Trading Academy (ASTA), its founder Avadhut Sathe, and his wife Gauri Sathe for misleading claims and unregistered advisory activities.
ASTA was found to have made false promises of extraordinary returns from trading and showcased only profitable trades while concealing losses.
The academy used misleading promotional tactics, including a video featuring a 12-year-old child, to manipulate public perception and drive enrolments.
SEBI found that ASTA was providing stock recommendations and trade advice without being registered as an investment advisory service.
SEBI has impounded Rs546 crore in alleged illegal gains from ASTA, one of the largest actions against an influencer in India.
- Who
- Avadhut Sathe Trading Academy Pvt. Ltd. (ASTAPL), its founder Avadhut Sathe, and his wife Gauri Sathe
- What
- Misleading claims, unregistered advisory activities, and investor deception
- When
- Not specified
- Where
- Mumbai, India
- Why
- To investigate allegations of misleading claims, unregistered advisory activities, and investor deception
- Entity Under Investigation
- Avadhut Sathe Trading Academy Pvt. Ltd. (ASTAPL), Avadhut Sathe, Gauri Sathe
- Regulatory Body
- Securities and Exchange Board of India (SEBI)
- Allegations
- Misleading claims, unregistered advisory activities, investor deception
- Amount Impounded
- Rs546 crore
- Reported Losses
- Exceeding Rs6 crore
- Regulation Violated
- PFUTP Regulation 4(2)(k)