Sebi issues remittance advice against Virtual Business Solution
Sebi has issued a general remittance advice against Virtual Business Solution under a recovery certificate for Sadhna Broadcast stock recommendations.
Growth Brief DeskPublished 1 min read
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Key facts
- Sebi issued a general remittance advice against Virtual Business Solution Pvt. Ltd. (PAN: AAFCV0106J).
- The entity is listed as a defaulter under Recovery Certificate No. 9245 of 2026.
- The case involves YouTube-based stock recommendations in Sadhna Broadcast Ltd.
According to the Securities and Exchange Board of India, a general remittance advice has been issued against Virtual Business Solution Pvt. Ltd. (PAN: AAFCV0106J) as a defaulter.
The action falls under Recovery Certificate No. 9245 of 2026. It relates to the matter of trading-based stock recommendations using social media YouTube in the scrip of Sadhna Broadcast Ltd.
Why it matters
This regulatory action highlights the ongoing crackdown by market authorities on illicit stock promotion schemes conducted through digital platforms. By targeting entities involved in unauthorized recommendations, regulators aim to protect retail investors from misleading financial advice disseminated via social media. Such recovery proceedings form a critical part of enforcing compliance and ensuring accountability within the securities market, ultimately safeguarding market integrity and investor trust against fraudulent market manipulation practices.
- Regulatory Policy
- SEBI