Media Release

Media Release   

                 

BSE resolved 105 investors’ complaints against companies during the month of February, 2018

 

Mumbai: March 05, 2018: During the month, BSE received 95 complaints again 90 companies. In the same period 105 complaints were resolved against 86 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

4

0

4

3

0

3

`

II

23

0

23

20

0

20

 

III

0

0

0

0

0

       0

 

IV

40

0

40

53

6

59

 

V

0

0

0

0

0

0

 

VI

27

1

28

20

3

     23

 

Total

94

1

95

96

9

105

 

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 28th February, 2018.

 

Sr. No.

Company Name

Category

Number of complaints pending as on 28.02.2018

1

Vatsa Corporations Ltd

Z

1082

2

Geodesic Ltd

T

27

3

Inceptum Enterprises Ltd

XT

21

4

Indo-French Biotech Enterprises Ltd

X

19

5

Hindustan Development Corporation Ltd

Z

17

6

J.K. Pharmachem Ltd

X

16

7

Serene Industries Ltd

P

16

8

Ransi Softwares India Ltd

X

13

9

Finalysis Credit & Guarantee Company Ltd

Z

13

10

Continental Construction Ltd

X

13

 

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

 

Media Contact

Yatin Padia

022 2272 8516

yatin.padia@bseindia.com