Avadhut Sathe responds to Sebi action, denies giving stock tips or acting as finfluencer

Avadhut Sathe responds to Sebi action, denies giving stock tips or acting as finfluencer

Market trainer Avadhut Sathe has issued his first official statement following the Securities and Exchange Board of India’s (Sebi) recent raids at his Karjat premises. In the statement released on Tuesday, Sathe’s firm, Avadhut Sathe Trading Academy, clarified that it does not engage in offering stock tips, investment advice, or assured return promises.

“We are fully cooperating with Sebi and remain committed to providing any additional information or assistance they may require. We welcome their guidance to ensure the highest standards of compliance and transparency,” the statement said.

The academy stressed that it functions solely as a training institution. “In recent days, certain misinformation has been circulated which requires clarification. Avadhut Sathe Trading Academy is a training institution and not an advisory service provider or a finfluencer,” it noted.

According to the statement, the academy’s focus is on developing independent traders and investors through structured training programs. These sessions are aimed at building analytical, execution, and decision-making skills, alongside providing emotional support to help participants navigate market volatility, it said.

“Our programs are designed to empower participants with the right skills, mindset, and discipline to operate in capital markets responsibly,” the statement added, highlighting that investor awareness initiatives and structured education remain critical for healthy market participation.

Reaffirming its stance, the academy acknowledged Sebi’s role in shaping India’s capital markets and expressed its commitment to compliance and transparency.

Last week, Sebi had conducted search and seizure at Sathe's academy in Karjat for two days.