Media Release

BSE resolved 120 investors’ complaints against companies during the month of September 2018

Mumbai: October 4, 2018: During the month, BSE received 164 complaints against 150 companies. In the same period 120 complaints were resolved against 110 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

0

0

0

 

II

26

2

28

4

0

4

 

III

0

0

0

0

0

0

 

IV

121

2

123

92

1

93

 

V

0

0

0

0

0

0

 

VI

12

0

12

23

0

23

 

Total

160

4

164

119

1

120

 

 

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 30th September, 2018.

 

Sr. No.

Company Name

Category

Number of complaints pending as on 30/09/2018

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

5

Blazon Marbles Limited

X

11

6

Gujarat Narmada Flyash Co. Ltd.

XT

11

7

Global Securities Limited

XT

10

8

Softrak Venture Investments Ltd.

X

9

9

Rane Computers Consultancy Ltd.

P

8

10

Maharashtra Krishna Valley Developm

 

8

 

 

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

 

 

Media Contact

Yatin Padia

022 2272 8516

yatin.padia@bseindia.com