Media Release

Media Release

 

BSE resolved 189 investor’s complaints against companies during the month of October 2018

 

Mumbai: November 05, 2018: During the month, BSE received 160 complaints against 133 companies. In the same period 189 complaints were resolved against 154 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

1

0

1

2

0

2

 

II

36

0

36

32

1

33

 

III

0

0

0

0

0

0

 

IV

107

4

111

123

1

124

 

V

0

0

0

0

0

0

 

VI

11

1

12

30

0

30

 

Total

155

5

160

187

2

189

 

 

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 31th October, 2018

 

Sr. No.

Company Name

Category

Number of complaints pending as on 31/10/2018

1

Geodesic Ltd.

XT

27

2

J.K. Pharmachem Ltd.

X

16

3

Teem Laboratories Ltd.

X

12

4

Gujarat Perstorp Electronics Ltd.

P

12

5

Gujarat Narmada Flyash Co. Ltd.

XT

11

6

Blazon Marbles Limited

X

11

7

Global Securities Limited

XT

10

8

Softrak Venture Investments Ltd.

X

9

9

Maharashtra Krishna Valley Development

 

8

10

Willard India Ltd.

XT

8

 

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

 

Media Contact

Yatin Padia

022 2272 8516

yatin.padia@bseindia.com