Media Release

Media Release

BSE resolved 75 investors’ complaints against companies during the month of April, 2016

 

During the month, BSE received 84 complaints against 69 companies. In the same period 75 complaints were resolved against 71 listed companies. These resolved complaints include complaints brought forward from the previous periods.

 

Type Of Complaints

Complaints Received

Complaints Resolved

 

 

 

Against

Active Companies

Against Suspended Companies

Total

Against Active Companies

Against Suspended Companies

Total

 

I

2

0

2

3

0

3

 

II

20

2

22

27

1

       28

 

III

0

0

0

0

0

0

 

IV

            28

             2

       30

30

4

34

 

V

1

0

1

0

0

0

 

VI

            16

13

29

9

1

10

 

TOTAL

            67

            17

84

69

             6

        75

 

 

The complaints received by BSE from Investors have been categorized as under:

 

Type I

Non-receipt of money (Refund, Interest, Redemption, Fractional Entitlement.)

Type II : 

Non-receipt of Equity shares ( Demat & Physical : In Public/Rights issue,

Remat, Transfer, Transmission, Conversion / Endorsement / Consolidation/

Splitting / Duplicate Certificate)

Type III

Non-receipt of Debt Securities ( Demat & Physical : In Public/Rights issue,

Remat, Transfer, Transmission, Conversion / Endorsement / Consolidation/

Splitting / Duplicate Certificate)

Type IV

Non-receipt of Corporate benefits / entitlements ( Dividend, Bonus, Rights form,

 Buyback letter of offer, Delisting letter of offer, Annual Report )

Type V

Non-receipt of Interest for delay in : ( Refunds, Dividend, Interest on debt security, Redemption of debt security , Securities )

Type VI

Others ( Including Non-Adherence to Corporate Governance Norms )

Companies with Highest Number of Complaints Pending As On 30th April, 2016

 

Sr. No.

Company Name

Category

Number of complaints pending as on 30/04/2016

1

Vatsa Corporations Ltd.

Z

 1080

2

Montari Industries Ltd.,

Z

60

3

Arihant Industries  Ltd.,

Z

56

4

Enkay Texfoods Industries Ltd.

Z

53

5

Eastern Mining & Allied Ltd

P

49

6

Montari Leather Ltd.

P

49

7

Mukerian Papers Ltd.

Z

44

8

Pentafour Products Ltd.

P

39

9

Padmini Technologies Ltd

XZ

34

10

Usha (India) Limited

Z

34

Trading in the securities of the aforesaid companies has been suspended.

 

For further clarification/information please contact:

Marketing Communications Department

25th Floor, P.J.Towers

Mumbai – 400 001

Telephone – 22728516

Fax No. 22723040

e-mail: corp.comm@bseindia.com