Media Release

 

Media Release

BSE resolved Two Ninety-Seven investor’s complaints against companies during the month of December 2022

Mumbai: January 02, 2023: During the month, BSE received 191 complaints against 130 companies. In the same period 297 complaints were resolved against 186 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

10

0

10

 

II

89

2

91

109

1

110

 

III

0

0

0

0

0

0

 

IV

35

0

35

96

0

96

 

V

1

0

1

2

0

2

 

VI

54

4

58

75

4

79

 

Total

185

6

191

292

5

297

 

 

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 December 31, 2022

 

Sr. No.

Company Name

 

Category

Number of complaints pending as on 31/12/2022

1

J.K.Pharmachem Ltd.

 

X 

16

2.

Teem Laboratories Ltd.,

 

X  

12

3.

Gujarat Perstorp Electronics Ltd.

 

P 

12

4.

Gujarat Narmada Flyash Co. Ltd.

 

XT

12

5.

Blazon Marbles Limited

 

X 

11

6.

Global Securities Limited

 

XT

10

7.

Willard India Ltd.,

 

XT

9

8.

Rane Computers Consultancy Ltd

 

P

8

9.

Modern Syntex (India) Ltd.,

 

Y

7

10.

Raashi Fertilizers Ltd.,

 

Y

6

 

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 / Rahul Vyas

022 2272 8516 / 022 22728472

yatin.padia@bseindia.com / Rahul.vyas@indiainx.com