SEBI has ordered recovery proceedings worth over Rs 18 crore for unregistered advisory activities under the name 'Baap of Chart'. The Securities and Exchange Board of India (SEBI) issued a prohibitory order on December 15, 2025, against Mohammad Nasiruddin Ansari, Rahul Rao Padamati and Golden Syndicate Ventures Pvt Ltd in connection with unregistered investment advisory activities carried out under the name ‘Baap of Chart’.