Trader PR Sundar to pay ₹6.5 cr to SEBI over unregistered investment advice

Trader PR Sundar, his company Mansun Consultancy, and co-promoter Mangayarkarasi Sundar have agreed to settle an investment advisory case with the SEBI by agreeing to pay nearly ₹6.5 crore. They were providing investment advisory services without the requisite registration, SEBI said. The three of them will also refrain from buying, selling or otherwise dealing in securities for one year.