SEBI has cancelled the registration of 68 investment advisors for failing to pay renewal fees. Every registered investment advisor is required to pay a renewal fee every five years from the date of grant of registration by the regulator. The list of cancelled entities includes Truenorth Labs Pvt Ltd, Equity Mantra, Saurabh Mundra, Sheetal Agrawal, Ateet Hemant Wagh, among others.