Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

BSE LTD. Resolved 218 Investors’ Complaints Against Companies During The Month Of December, 2011

Date 16/01/2012

During the month, BSE Ltd. received 169 complaints against 142 companies. In the same period 218 complaints were resolved against 175 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

0

0

0

5

0

5

 

II

27

6

33

43

8

51

 

III

1

0

1

1

0

1

 

IV

105

11

116

141

9

150

 

V

0

0

0

0

0

0

 

VI

18

1

19

11

0

11

 

TOTAL

151

18

169

201

17

218

 

 

The complaints received by BSE Ltd.  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 31 DECEMBER, 2011

 

Sr. No.

Company Name

Category

Number of complaints pending

as on

31/12/2011

1

Vatsa Corporations Ltd.

Z

1061

2

Montari Industries Ltd.,

Z

57

3

Arihant Industries  Ltd.,

Z

53

4

Enkay Texfoods Industries Ltd.,

Z

52

5

Montari Leather Ltd.

Z

44

6

Eastern Mining & Allied Ltd

Z

43

7

Mukerian Papers Ltd.

Z

43

8

Pentafour Products Ltd.

Z

32

9

Padmini Technologies Ltd.

Z

28

10

Lan Eseda Industries Ltd.

Z

27

 

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