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BSE resolved 277 investors’ complaints against companies during the month of November, 2017

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Mumbai: December 05, 2017: During the month, BSE received 206 complaints again 175 companies. In the same period 277 complaints were resolved against 233 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 9 0 9 0 0 0 `
I 20 1 21 21 3 24  
III 0 0 0 0 0 0  
IV 148 7 155 229 6 235  
V 2 0 2 0 0 0  
VI 19 0 19 18 0      18  
Total 198 8 206 268 9 277  

 

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 November, 2017

Sr. No. Company Name Category Number of complaints pending as on 30.11.2017
1 Vatsa Corporations Ltd. Z 1082
2 Geodesic Ltd. T 27
3 Indo-French Biotech Enterprises Ltd X 19
4 Hindustan Development Corpn. Ltd. Z                             17
5 Malvika Steel Ltd Z 17
6 Serene Industries Ltd. P 16
7 J.K. Pharmachem Ltd X 16
8 Kunal Overseas Ltd. X 15
9 Ransi Softwares India Ltd. X 13
10 Continental Construction Ltd. XD 13

 

Trading in the securities of the aforesaid companies has been suspended

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