Media Release
BSE resolved 264 investor complaints against companies in March 2023
Mumbai: April 03, 2023: During March 2023, BSE received 273 complaints against 187 companies. In the same period 264 complaints were resolved against 166 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
|
12
|
0
|
12
|
15
|
0
|
15
|
|
|
II
|
147
|
5
|
152
|
118
|
4
|
122
|
|
|
III
|
0
|
0
|
0
|
0
|
0
|
0
|
|
|
IV
|
30
|
2
|
32
|
35
|
4
|
39
|
|
|
V
|
1
|
0
|
1
|
1
|
0
|
1
|
|
|
VI
|
74
|
2
|
76
|
82
|
5
|
87
|
|
|
Total
|
264
|
9
|
273
|
251
|
13
|
264
|
|
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 )
|
Below table shows highest number of complaints pending against suspended companies as on March 31, 2023
|
Sr. No.
|
Company Name
|
|
Category
|
Number of complaints pending as on 31/03/2023
|
|
1.
|
D.S.Kulkarni Developers Ltd
|
|
Z
|
18
|
|
2.
|
J.K.Pharmachem Ltd.
|
|
XT
|
16
|
|
3.
|
Gujarat Narmada Flyash Co. Ltd.
|
|
XT
|
12
|
|
4.
|
Gujarat Perstorp Electronics Ltd.
|
|
P
|
12
|
|
5.
|
Teem Laboratories Ltd.,
|
|
X
|
12
|
|
6.
|
Blazon Marbles Limited
|
|
X
|
11
|
|
7.
|
Global Securities Limited
|
|
XT
|
10
|
|
8.
|
Willard India Ltd.,
|
|
XT
|
9
|
|
9.
|
Rane Computers Consultancy Ltd
|
|
P
|
8
|
|
10.
|
Modern Syntex (India) Ltd.,
|
|
Y
|
7
|
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
Santanu Chakraborty
022 2272 8516
santanu.chakraborty@bseindia.com