Media Release

 

Media Release

                                                         

BSE LTD. resolved 196 Investors’ complaints against companies during the month of January, 2014

 

During the month, BSE Ltd. received 150 complaints against 131 companies. In the same period 196 complaints were resolved against 146 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

1

3

2

0

2

 

II

25

8

33

28

6

34

 

III

0

0

0

0

0

0

 

IV

82

22

104

134

5

139

 

V

1

0

1

0

0

0

 

VI

7

2

9

20

1

21

 

TOTAL

117

33

150

184

12

196

 

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 31/01/2014                                              

 

Sr. No.

Company Name

Category

Number of complaints pending as on 31/01/2014

1

Vatsa Corporations Ltd.

Z

1068

2

Montari Industries Ltd.,

Z

58

3

Arihant Industries  Ltd.,

Z

54

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      

36

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:

Yatin Padia

Marketing Communications Department

 

15th Floor, P.J.Towers

Mumbai – 400 001

Telephone –022 22728516 Fax No. 22723040

e-mail: corp.comm@bseindia.com