Arshad Warsi banned from buying and selling in Indian stock market
Many people, including Bollywood actor Arshad Warsi and his wife Maria Gorty, were banned from buying and selling in the Indian stock market.
According to foreign media, the market regulator said the decision was made after investigating allegations of price manipulation.
According to reports, the market regulator said videos on social media on 4 channels were used to inflate the prices of some shares.
According to the Securities and Exchange Board of India (SEBI), some people uploaded false and misleading videos on social media. And inviting investors to buy shares of Sadhana Broadcast Ltd and Sharpline Broadcast Ltd for exorbitant profits. Advised.
According to SEBI, Arshad Warsi earned a profit of Rs 29 lakh and his wife Rs 37 lakh. According to Indian media, actor Arshad, involved in the case with his wife, has denied the allegations. On Thursday, Arshad tweeted please don’t believe everything in the news, Maria and I have zero stock knowledge. Arshad Warsi wrote that we invested in Sharda after seeking advice and lost our hard-earned money like many others.