Sadhna Broadcast: Sebi bans actor Arshad Warsi, 58 others from markets for up to 5 yrs

Sebi has barred Arshad Warsi, Maria Goretti, and 57 entities from the securities market for 1-5 years due to misleading videos promoting Sadhna Broadcast shares. The regulator imposed fines and directed disgorgement of unlawful gains worth Rs 58.01 crore. The scheme involved inflating the stock price through collusive trading and promotional videos to lure investors before a coordinated sell-off.

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