Overview

• SEBI has executed search and seizure operations in multiple cities throughout June, confiscating documents and digital records linked to pump-and-dump schemes.
• The regulator’s May order banned Bollywood actor Arshad Warsi and his wife Maria Goretti from securities markets and ordered them to return ₹58.01 crore with interest.
• SEBI has identified orchestrators Gaurav Gupta, Rakesh Kumar Gupta and Manish Mishra for scripting circular trading and leveraging finfluencers’ YouTube videos.
• Investigators uncovered false promotions that claimed Sadhna Broadcast Limited held a 5G licence, was being acquired by the Adani Group and had a ₹1,100 crore US deal.
• To curb such manipulation, SEBI has imposed verification requirements on registered intermediaries before they publish investment-related advertisements on digital platforms.