Media Release

 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.

 

12

5.

Teem Laboratories Ltd.,

 

X  

12

6.

Blazon Marbles Limited

 

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