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Sebi impounds Rs 53 crore illegal gains from Asmita Patel, five others

Business Standard LogoBusiness Standard13h ago

Sebi impounds Rs 53 crore illegal gains from Asmita Patel, five others - Business Standard

Quick Summary:

Patel, who was also an authorised person with a stockbroker, ran several trading courses through her school.

Asmita Patel, who styled herself as the “Options Queen,” had a significant online presence with over 5.26 lakh subscribers on YouTube and over 2.9 lakh on Instagram.

However, Sebi clarified that filing for settlement does not preclude the initiation of proceedings, and there is no legal bar on passing the order.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 17:15:39 (13 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 467 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25960562

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 335 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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