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Media Release

Media Release

BSE resolved 159 investors’ complaints against companies during the month of December, 2016

Mumbai: January 6, 2017: During the month, BSE received 76 complaints against 70 companies. In the same period 159 complaints were resolved against 142 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

1

0

1

0

0

0

 

II

16

0

16

18

1

19

 

III

0

0

0

0

0

0

 

IV

40

3

43

115

2

117

 

V

0

0

0

0

0

0

 

VI

15

1

16

21

2

      23

 

Total

72

4

76

154

5

159

 

 

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 31st   December, 2016.

 

Sr. No.

Company Name

Category

Number of complaints pending as on 31/12/2016

1

Vatsa Corporations Ltd

Z

 1080

2

Montari Industries Ltd

Z

60

3

Arihant Industries  Ltd

Z

57

4

Enkay Texfoods Industries Ltd

Z

53

5

Montari Leather Ltd

P

50

6

Mukerian Papers Ltd

Z

44

7

Lan Eseda Industries Ltd.

B

28

8

Geodesic Ltd.

T

27

9

Soundcraft Industries Ltd.

Z

24

10

Osian Industries Ltd.

XT

24

 

 

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

 

Media Contact

Yatin Padia

022 2272 8516

yatin.padia@bseindia.com