Arshad Warsi, wife and 57 others

- Newsband
- 31 May, 2025
Sebi has barred Arshad Warsi and his wife Maria Goretti from the securities market for one year. The market regulator has also imposed a fine of Rs 5 lakh each on the couple. The couple were restrained by the markets watchdog in connection with misleading videos on YouTube channels recommending investors to buy shares of Sadhna Broadcast. Besides the duo, 57 others have also been barred for periods ranging from 1-5 years. Sebi has also levied penalties of Rs 5 lakh to Rs 5 crore on 57 other entities, including promoters of Sadhna Broadcast (now Crystal Business System Ltd).