Media Release
BSE resolved 93 investors’ complaints against companies during the month of March, 2018
Mumbai: April 03, 2018: During the month, BSE received 71 complaints against 64 companies. In the same period 93 complaints were resolved against 82 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
|
2
|
0
|
2
|
0
|
0
|
0
|
`
|
|
II
|
20
|
1
|
21
|
20
|
3
|
23
|
|
|
III
|
0
|
0
|
0
|
0
|
0
|
0
|
|
|
IV
|
27
|
4
|
31
|
44
|
4
|
48
|
|
|
V
|
0
|
0
|
0
|
0
|
0
|
0
|
|
|
VI
|
13
|
4
|
17
|
21
|
1
|
22
|
|
|
Total
|
62
|
9
|
71
|
85
|
8
|
93
|
|
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 March 31, 2018.
|
Sr. No.
|
Company Name
|
Category
|
Number of complaints pending as on 31.03.2018
|
|
1
|
Vatsa Corporations Ltd.
|
Z
|
1082
|
|
2
|
Geodesic Ltd.
|
P
|
27
|
|
3
|
Hindustan Development Corpn. Ltd.
|
Z
|
17
|
|
4
|
J.K. Pharmachem Ltd.
|
X
|
16
|
|
5
|
Serene Industries Ltd.
|
P
|
16
|
|
6
|
Finalysis Credit & Guarantee Co. Ltd
|
Z
|
13
|
|
7
|
Continental Construction Ltd.
|
X
|
13
|
|
8
|
Finalysis Credit & Guarantee Co. Ltd
|
Z
|
13
|
|
9
|
Continental Construction Ltd
|
X
|
13
|
|
10
|
Teem Laboratories Ltd.
|
X
|
12
|
Trading in the securities of the aforesaid companies has been suspended.
Media Contact
Yatin Padia – 022 2272 8516 / Rahul Vyas – 022 2272 8472
Corporate Communications
yatin.padia@bseindia.com / rahul.vyas@bseindia.com