Media Release

 

Media Release                      

                                               

BSE LTD. resolved 259 Investors’ complaints against companies during the month of December, 2013

 

During the month, BSE Ltd. received 278 complaints against 225 companies. In the same period 259 complaints were resolved against 214 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

0

0

0

0

0

0

 

II

28

6

34

23

0

23

 

III

1

0

1

0

0

0

 

IV

196

32

228

215

8

223

 

V

3

1

4

2

0

2

 

VI

11

0

11

11

0

11

 

TOTAL

239

39

278

251

8

259

 

 

 

The complaints received by BSE Ltd.  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 31/12/2013                                              

 

Sr. No.

Company Name

Category

Number of complaints pending as on 31/12/2013

1

Vatsa Corporations Ltd.

Z

1068

2

Montari Industries Ltd.,

Z

58

3

Arihant Industries  Ltd.,

Z

53

4

Enkay Texfoods Industries Ltd.,

Z

52

5

Montari Leather Ltd.

Z

49

6

Eastern Mining & Allied Ltd

Z

47

7

Mukerian Papers Ltd.

Z

44

8

Pentafour Products Ltd.

      Z      

34

9

Padmini Technologies Ltd.

Z

31

10

Usha (India) Limited

Z

31

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

 

For further clarification/information please contact:

Marketing Communications Department

Yatin Padia / Ketan Mehta

 

15th Floor, P.J.Towers

Mumbai – 400 001

Telephone – 22728515 /22728321

e-mail: corp.comm@bseindia.com