SEBI banned Arshad Warsi and his wife, the actor clarified on Twitter – Zero is knowledge!

Well-known Bollywood actor Arshad Warsi has been banned by the Security and Exchange Board of India (SEBI) from trading in the securities market. This ban has also been imposed on the actor including his wife Maria Goretti. SEBI was receiving complaints that the two companies were fudging the prices of the shares. The names of Sharpline Broadcast Limited and Sadhna Broadcast Limited were found to be included in these. The companies have alleged that investors were being misled through misleading videos on YouTube.

SEBI has Arshad Warsi And 45 people including his wife have been banned from trading in the security market. one of our partner websites Report According to, the allegation against these people is that they YouTube But the shares of Sadhna Broadcast and Sharpline Broadcast Limited were being promoted through misleading videos and investors were being misled. It is alleged that investors were defrauded to the tune of Rs 54 crore through such misleading videos.

As per the report, the interim order states that Arshad Warsi made a profit of Rs 29.43 lakh while his wife Maria Goretti made a profit of Rs 37.56 lakh through such misleading videos. Along with them, the name of Iqbal Hasan Warsi is also included in the list, who earned a profit of Rs 9.34 lakh. At the same time, Arshad Warsi immediately presented his clarification after this matter came to the fore in the media. The actor immediately posted a post on his Twitter handle and asked his fans not to believe everything that appears in the news. He said that he and his wife have zero knowledge about shares and stocks!

Let us tell you that the Security and Exchange Board of India (SEBI) was receiving complaints that the prices of shares were being manipulated. After this, the regulatory body started an inquiry for the same, which was conducted by the regulatory during April-September last year. SEBI thoroughly investigated the matter and found that investors were being lured through misleading videos for shares of Sadhna Broadcast and Sharpline Broadcast. Against the companies, SEBI found that during April and mid-July 2022, there was a big jump in the shares of these companies. In this regard, videos giving wrong information and misleading were also found uploaded on YouTube. This has been called a violation of the provisions of the Prohibition of Fraudulent and Unfair Trade Practices (PFUTP) by the regulatory.