Market regulator Securities and Exchange Board of India, in an Ex-Parte Interim Order cum Show Cause Notice on December 4, 2025 has barred Avdhut Sathe, Avdhut Sathe Trading Academy Pvt. Ltd. and Gouri Sathe from accessing the securities market either directly or indirectly.

The order also instructs immediate cessation of any form of investment advisory or research analyst services, along with freezing of bank and demat accounts, along with restricted debits.

Here are some of the key highlights of the order:

ASTAPL, Avadhut Dinkar Sathe (AS), and Gouri Avadhut Sathe (GS) were found to be providing investment advisory and research analyst services for a consideration without the mandatory registration from SEBI.

The concerned parties allegedly published selective profitable trades and c

See Full Page