SAT grants partial relief to Avadhut Sathe Training Academy, orders Rs 100 crore deposit; refuses to stay Sebi order

January 22, 2026

India’s Securities Appellate Tribunal (SAT) on Thursday directed Avadhut Sathe Training Academy (ASTA) to deposit Rs 100 crore in an appeal filed by ASTA against the Securities and Exchange Board of India (Sebi) order that barred Mumbai-based financial influencer Avadhut Sathe and his academy from offering unregistered investment advisory and research analyst services.

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