Media Release

Media Release

 

BSE resolved 121 investor’s complaints against companies during the month of February 2020

 

Mumbai: March 3 2020: During the month, BSE received 95 complaints against 70 companies. In the same period 121 complaints were resolved against 91 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

6

0

6

7

0

7

 

II

35

1

36

28

1

29

 

III

0

0

0

2

0

2

 

IV

24

2

26

39

1

40

 

V

0

0

0

0

0

0

 

VI

25

2

27

40

3

43

 

Total

90

5

95

116

5

121

 

 

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 2nd March, 2020.

 

Sr. No.

Company Name

Category

Number of complaints pending as on 29/02/2020

1

J.K. Pharmachem Ltd.

X

16

2

Teem Laboratories Ltd.

X

12

3

Gujarat Narmada Flyash Co. Ltd.

XT

12

4

Gujarat Perstorp Electronics Ltd.

P

12

5

Blazon Marbles Limited

X

11

6

Global Securities Limited

XT

10

7

Softrak Venture Investments Ltd.

X

9

8

Willard India Ltd.

XT

9

9

Rane Computers Ltd

P

8

10

Maharashtra Krishna Valley Development

 

8

 

These aforesaid companies are presently suspended at the Exchange for surveillance reasons/ certain non-compliances with the listing regulations/procedural reasons or as per operation of law.

 

 

Media Contact

Yatin Padia

022 2272 8516

yatin.padia@bseindia.com