Arshad Warsi: SEBI did a big action against Arshad Warsi and his wife, know why one year ban

Mar 02,2023


 
 
The Security Exchange Board of India (SEBI) has taken major action on 45 units including Bollywood's famous actor Arshad Warsi and his wife Maria Gratti. According to this decision of SEBI, not all will be able to participate in stock market activities for a year. Everyone is accused of uploading misleading videos on YouTube and suggesting investors buy the company shares.

These cases are related to uploading misleading videos on YouTube channels and recommending investors buy shares of Sadhana Broadcast Limited and Sharpline Broadcast Limited. In addition to the market ban, according to two different interim orders of the regulator, illegal benefits of Rs 54 crore made by institutions have been confiscated by the institutions after the uploading of misleading videos on YouTube channels.

In the case of Sadhana Broadcast, SEBI said that Arshad Warsi has made a profit of Rs 29.43 lakh and his wife have made a profit of Rs 37.56 lakh. Also, Iqbal Hussain Warsi has benefited by Rs 9.34 lakh. Explain that after receiving some complaints from SEBI, two orders came in which it was alleged that some institutions were selling price manipulation and shares by some institutions in the stock of television channels Sadhana Broadcast and Sharpline Broadcast in New Delhi.

Complaints alleged that misleading YouTube videos were uploaded with false content about two companies to woo investors. Following these complaints, the regulator tested it and then took action.

According to SEBI, Arshad and his wife were running a pump-and-dump game through YouTube channels. Midcap and smallcap stocks were influencing investors through incorrect information and used to run ed on their channels to attract a large number of people. In the latest case, YouTubers misled investors and raised the price of their shares over the TV channel Sadhana Broadcast.

Top Stories

Sonakshi Sinha Wedding: Brother Luv Sinha is unaware of sister Sonakshi's wedding, and said- I have no involvement in it

Sonakshi Sinha Wedding: Brother Luv Sinha is unaware of sister Sonakshi's wedding, and said- I have no involvement in it

 Jun 11,2024

Bollywood actress Sonakshi Sinha remains in the news for marriage news. According to media reports, the actress is soon going to become the bride of her long-time boyfriend Zaheer Iqbal. News is coming that the actress is going to tie the knot with Zaheer on June 23 in Mumbai. However, these repor

Chandu Champion Promo: Kartik Aaryan becomes a model in his pursuit to become 'Chandu Champion', the new promo of the film is funny

Chandu Champion Promo: Kartik Aaryan becomes a model in his pursuit to become 'Chandu Champion', the new promo of the film is funny

 Jun 11,2024

Kartik Aaryan's film Chandu Champion is ready for release. The promotion of the film is going on in full swing. Meanwhile, a new promo for the movie has been released. Which Kartik Aaryan is seen training to become Chandu Champion, but in this process he became a specimen.Kartik Aaryan will be se

Anurag Kashyap: Anurag Kashyap is impressed with the director of 'Animal', and said- Sandeep is not toxic like others

Anurag Kashyap: Anurag Kashyap is impressed with the director of 'Animal', and said- Sandeep is not toxic like others

 Jun 11,2024

  Apart from his films, Bollywood's veteran director Anurag Kashyap is also known for his outspoken statements. Whatever is in his mind, he puts it in front of the world without any hesitation. This frankness of his often brings him into the circle of controversies. Recently, during an inte

Jaideep Ahlawat said this about the behavior of Kareena Kapoor's darling Taimur, you will be surprised to hear this

Jaideep Ahlawat said this about the behavior of Kareena Kapoor's darling Taimur, you will be surprised to hear this

 May 16,2024

  The fan following of Kareena Kapoor Khan and Saif Ali Khan's son Taimur Ali Khan is no less than that of his parents. He has been in the media since childhood. Kareena Kapoor often shares pictures and videos of her son on Instagram.   Now recently, actor Jaideep Ahlawat has praised

Deepika Ranveer: Fake photo of sonography of Deepika-Ranveer's first child goes viral, victim of deep fake

Deepika Ranveer: Fake photo of sonography of Deepika-Ranveer's first child goes viral, victim of deep fake

 May 16,2024

  After the deepfake videos of Rashmika Mandanna, Alia Bhatt, and Nora Fatehi, now the names of Deepika Padukone and Ranveer Singh have also been included in this list. Ranveer and Deepika, who are soon to become parents, have also become victims of deepfakes. A photo of

Janhvi Kapoor: Janhvi gave credit to these two people Mr. and Mrs. Mahi, and said- they gave courage

Janhvi Kapoor: Janhvi gave credit to these two people Mr. and Mrs. Mahi, and said- they gave courage

 May 15,2024

  Janhvi Kapoor is creating buzz about her upcoming film 'Mr. and Mrs. Mahi'. This film is going to be released this month. The actress will be seen sharing the screen with Rajkummar Rao in the film. Both the stars are busy promoting the film. Janhvi Kapoor has worked h

Madhuri Dixit's Birthday: From Kajol to Anil Kapoor, these celebs wished Madhuri Dixit on her birthday.

Madhuri Dixit's Birthday: From Kajol to Anil Kapoor, these celebs wished Madhuri Dixit on her birthday.

 May 15,2024

  Bollywood's 'Dhak-Dhak Girl' i.e. Madhuri Dixit is celebrating her 57th birthday today 15th May. On this special day, everyone from his fans to Bollywood celebs is congratulating him on his birthday. This list includes many stars including Kajol, Farah Khan, Jackie Shroff, and

Srikanth: When the producers of Srikanth were forced to reduce the budget, Sharad Kelkar became the messiah, and made the film for just this much fee.

Srikanth: When the producers of Srikanth were forced to reduce the budget, Sharad Kelkar became the messiah, and made the film for just this much fee.

 May 15,2024

  Rajkummar Rao's recent release 'Srikanth' received positive responses from the audience and critics. 'Srikanth' attracted the audience in theaters also. The film is based on the life of blind industrialist Srikant Bolla, with Rajkummar Rao playing the role of Srikant. Along

© filmbees.com. All Rights Reserved.