BSE Resolves 277 Investor Complaints in November | CORPORATE ETHOS

BSE Resolves 277 Investor Complaints in November

By: | December 6, 2017
BSE

Dec 6: The Bombay Stock Exchange (BSE) has resolved 277 complaints against 233 listed companies. It included complaints brought forward from the previous periods. The exchange received 206 complaints against 175 companies in November of which 198 were against active companies and eight against suspended companies.

Of the complaints resolved 268 were against active companies and nine against suspended companies. Complaints ranged from non-receipt of money by way of refund, interest; non-receipt of debt securities, non-receipt of corporate benefits or entitlements etc.

The following companies had the highest number of complaints pending against them- Vatsa Corporation Ltd (1082), Geodesic Ltd (27), Indo-French Biotech Enterprises (19), Hindustan Development Corp (17), Malvika Steels Ltd (17), Serene Industries (16), JK Pharmachem (16), Kunal Overseas Ltd (15), Ransi Softwares India Ltd (13), Continental Construction Ltd (13). Currently, trading is suspended in these stocks.

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