"While all the noticees are individually liable to disgorge the illegal gains individually made by them, noticee nos1 (Manish Mishra), 4 (Jatin Manubhai Shah), 5 (Heli Jatin Shah), 6 (Daivik Jatin Shah), 7 (Angad Ishwarlal Rathor), 10 (Subhash Agarwal), 11 (Gaurav Gupta), 23 (Bhim Singh Chaudhary) and 31 (Arpan Gupta), are jointly and severally liable for all of the illegal gain cumulatively made by all the noticees as tabulated in the table–16. Further, since noticee nos9 (Karavan Tradelink OPC Pvt Ltd), 14 (Varun Media Pvt Ltd), 16 (Sadhna Bio Oils Pvt Ltd) and 20 (Virtual Business Solution Pvt Ltd) are companies, the persons who, as per available records, were authorised to trade for the said companies shall be jointly and severally liable for the illegal gain made by the said companies, i.e., Gaurav Gupta (NS1) and Arpan Gupta (noticee no31), Paras Shah (noticee no21), Saurabh Gupta (noticee no15) and Daivik Jatin Shah (VC5) are jointly and severally liable for the illegal gains made by the companies for which they had carried out the fraudulent trades i.e., Sadhna Bio Oils (NS5), Virtual Business Solution (NS8), Varun Media (NS4) and Karavan Tradelink OPC (VC8), respectively," the WTM says in the order. 
Besides Mr Mishra, 12 VCs earned money from the Sadhna scrip. It includes Anshu Mishra (Rs6.37 lakh), Dipak Dwiwedi (Rs60.51 lakh), Jatin Manubhai Shah (Rs1.04 crore), Heli Jatin Shah (Rs12.05 lakh), Daivik Jain Shah (Rs4.61 lakh), Angad Ishwarlal Rathod (Rs9.60 lakh), Karavan Tradelink OPC (Rs24.13 lakh), Arshad Hussain Warsi (Rs29.43 lakh), Maria Goretti Warsi (Rs37.56 lakh) and Iqbal Hussain Warsi earned Rs9.34 lakh from the stock manipulation. 
SEBI also found that, during the investigation period, Mr Mishra transferred Rs64.99 lakh to Google LLC to promote the YouTube channels created and administered by him. "Despite the enthusiastic messages in Manish Mishra's YouTube videos encouraging viewers to acquire shares in Sadhna, he liquidated his shares in Sadhna and allegedly made profits."
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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