SMS about Investing in Ruchi FPO Circulating for some Investors ⚠

Thie following SMS was being circulated :

Apparently, Few Marketing Consultants who are in no way related to stock markets too shared stuff like this :

https://twitter.com/theprernaa/status/1506872025020710914?s=20&t=T65GOUncDa20jsGXmJax3w

SEBI took notice of this and responded accordingly :

https://twitter.com/deepakshenoy/status/1508452739499827200?s=20&t=4YVpswdHtVCFKp4zcRiaJg

There is no false claim here

Daily we receive 100s of sms saying double your money in 2 days etc & lots of phone calls pressurising advisory too but SEBI has no guts to take action on them.

For me this just seems like a message made by one of the loyal customer of patanjali group and nothing else.

If SEBI does not do anything, people complains.
Now SEBI tried to do something good, people are still complaining :slight_smile:

It’s tough to be SEBI

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People complain when SEBI takes selective actions.

Other side of the story. But, ofcourse this is a standard and expected reply.

Of course! Always deny, first rule of business. :rofl:

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