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Media Release

Media Release        

            

BSE resolved 83 investors’ complaints against companies during the month of April, 2017

 

Mumbai: May 19, 2017: During the month, BSE received 86 complaints against 73 companies. In the same period 83 complaints were resolved against 62 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

3

0

3

2

0

2

`

II

22

1

23

28

0

28

 

III

1

0

1

0

0

0

 

IV

37

0

37

36

2

38

 

V

1

0

1

1

0

1

 

VI

19

2

21

12

2

      14

Total

83

3

86

79

4

83

 

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, 2017.

 

Sr. No.

Company Name

Category

Number of complaints pending as on 30/04/2017

1

Vatsa Corporations Ltd.

Z

 1082

2

Montari Industries Ltd.

Z

60

3

Arihant Industries  Ltd.

Z

58

4

Mukerian Papers Ltd.

Z

44

5

Lan Eseda Industries Ltd.

B

28

6

Geodesic Ltd.

T

27

7

 Soundcraft Industries  Ltd.

Z

24

8

Osian Industries Ltd

XT

24

9

Ishwar Medical Services Ltd.

Z

21

10

Daewoo Motors India Ltd.

XD

20

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

 

Media Contact

Yatin Padia

022 2272 8516

yatin.padia@bseindia.com