Finfluencer PR Sundar who yesterday settled with the capital markets regulator and agreed to return the advisory fee, has now given a justification on Twitter.
PR Sundar wrote, “People who believe you, need no explanation.
People who do not believe you, no amount of explanation will help.
So keeping silence, at least for some time, is the best response”.
Following complaints that they were offering investment advisory services without the necessary Securities and Exchange Board of India (Sebi) registration, PR Sundar, his company Mansun Consulting, and co-promoter of the company Mangayarkarasi Sundar reached a settlement with the capital markets regulator and agreed to return the advisory fee.
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Updated: 27 May 2023, 10:18 AM IST