Media Release

Media Release

 

BSE resolved 115 investor’s complaints against companies during the month of August 2019

 

Mumbai: September 04, 2019: During the month, BSE received 187 complaints against 146 companies. In the same period 115 complaints were resolved against 92 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

27

0

27

5

0

5

 

II

38

3

41

30

3

33

 

III

1

0

1

0

0

0

 

IV

73

0

73

41

0

41

 

V

0

0

0

0

0

0

 

VI

42

3

45

36

0

36

 

Total

181

6

187

112

3

115

 

 

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 31st August 2019.

 

Sr. No.

Company Name

Category

Number of complaints pending as on 31/08/2019

1

Geodesic Ltd.

XT

27

2

J.K. Pharmachem Ltd.

X

16

3

Gujarat Perstorp Electronics Ltd.

P

12

4

Teem Laboratories Ltd.

X

12

4

Gujarat Narmada Flyash Co. Ltd.

XT

11

5

Blazon Marbles Limited

X

11

6

Global Securities Limited

XT

10

7

Gujarat Meditech Ltd.

Z

10

8

Softrak Venture Investments Ltd.

X

9

9

Willard India Ltd.

XT

8

10

Maharashtra Krishna Valley Dvpt. Ltd.

 

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