The Fact Maker

BSE resolved 165 investor’s complaints against companies during the month of February 2023

During the month, BSE received 154 complaints against 110 companies. In the same period 165 complaints were resolved against 119 companies. These resolved complaints include complaints brought forward from the previous periods.

Type of complaintsComplaints receivedComplaints resolved
 Against Active CompaniesAgainst Suspended CompaniesTotalAgainst Active CompaniesAgainst Suspended CompaniesTotal
I50510111
II6216342648
III000011
IV2902944448
V000000
VI5525755257
Total151315415114165

The complaints received by BSE from Investors have been categorized as under:

Type INon-receipt of money (Refund, Interest, Redemption, Fractional Entitlement.)
Type IINon-receipt of Equity shares ( Demat & Physical : In Public/Rights issue, Remat, Transfer, Transmission, Conversion / Endorsement / Consolidation/ Splitting / Duplicate Certificate)
Type IIINon-receipt of Debt Securities ( Demat & Physical : In Public/Rights issue, Remat, Transfer, Transmission, Conversion / Endorsement / Consolidation/ Splitting / Duplicate Certificate)
Type IVNon-receipt of Corporate benefits / entitlements ( Dividend, Bonus, Rights form,  Buyback letter of offer, Delisting letter of offer, Annual Report )
Type VNon-receipt of Interest for delay in : ( Refunds, Dividend, Interest on debt security, Redemption of debt security , Securities )
Type VIOthers ( Including Non-Adherence to Corporate Governance Norms )

Below table shows highest number of complaints pending against suspended companies as on February 28, 2023

Sr. No.Company Name CategoryNumber of complaints pending as on 28/02/2023
1.Inceptum Enterprises Limited 23
2.J.K.Pharmachem Ltd. XT 16
3.Gujarat Perstorp Electronics Ltd. 12
4.Gujarat Narmada Flyash Co. Ltd. XT12
5.Teem Laboratories Ltd., 12
6.Negotium International Trade Limited XT11
7.Blazon Marbles Limited 11
8.Global Securities Limited XT10
9.Willard India Ltd., XT9
10.Rane Computers Consultancy Ltd P8

These aforesaid companies are presently suspended at the Exchange for surveillance reasons/ certain non-compliances with the listing regulations/procedural reasons or as per operation of law.