SEBI issues remittance advice against Sulabh Dikshit in Sadhna Broadcast case
According to the Securities and Exchange Board of India, a general remittance advice has been issued against defaulter Sulabh Dikshit.
Growth Brief DeskPublished 1 min read
Key facts
- SEBI issued a general remittance advice against defaulter Sulabh Dikshit.
- The action falls under Recovery Certificate No. 9247 of 2026.
- The case relates to stock recommendations using YouTube for Sadhna Broadcast Ltd.
According to the Securities and Exchange Board of India, a general remittance advice has been issued against Sulabh Dikshit under Recovery Certificate No. 9247 of 2026.
The case involves trading-based stock recommendations using social media YouTube in the scrip of Sadhna Broadcast Ltd.
Why it matters
This regulatory action highlights ongoing efforts by market authorities to clamp down on unauthorized stock recommendations disseminated through social media platforms. For retail investors and market participants, it underscores the strict compliance and enforcement measures surrounding market manipulation and illegal tip-offs. While specific financial penalties or recovery amounts are part of the broader recovery proceedings, such notices serve as a reminder of regulatory vigilance in protecting market integrity.
- Regulatory Policy
- SEBI