Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

BSE LTD. Resolved 402 Investors’ Complaints Against Companies During The Month Of October, 2011

Date 29/11/2011

During the month, BSE Ltd. received 265 complaints against 230 companies. In the same period 402 complaints were resolved against 311 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
3
0
3
2
5
7
II
36
9
45
44
50
94
III
2
0
2
1
3
4
IV
193
18
211
185
73
258
V
0
0
0
2
4
6
VI
3
1
4
4
29
33
TOTAL
237
28
265
238
164
402


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 OCTOBER, 2011
 

Sr. No.
Company Name Category
Number of complaints pending
as on
31/10/2011
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      
31
9
Padmini Technologies Ltd.
Z
28
10
Lan Eseda Industries Ltd.
Z
27



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