MUMBAI: Bombay Stock Exchange (BSE) received 103 complaints against 91 companies during February 2019. In the same period 101 complaints were resolved against 90 listed companies. These resolved complaints include complaints brought forward from the previous periods.
The complaints received during the outgoing month related to non-receipt of money (refund, interest, redemption, fractional entitlement); non-receipt of equity shares (Demat & Physical: In public/rights issue, remat, transfer, transmission, conversion/endorsement/consolidation/splitting /duplicate certificate); non-receipt of debt securities (Demat & Physical: In public/rights issue, remat, transfer, transmission, conversion/endorsement/consolidation/splitting /duplicate certificate); non-receipt of corporate benefits/entitlements (dividend, bonus, rights form, buyback letter of offer, delisting letter of offer, annual report ); non-receipt of interest for delay in (refunds, dividend, interest on debt security, redemption of debt security , securities ); others including non-adherence to corporate governance norms.[the_ad id=”32940″]Companies with highest number of complaints pending as on February 28, 2019 include Geodesic Ltd, J.K. Pharmachem Ltd, Teem Laboratories Ltd, Gujarat Perstorp Electronics Ltd, Gujarat Narmada Flyash Co. Ltd, Blazon Marbles Ltd, Global Securities Ltd, Softrak Venture Investments Ltd, Maharashtra Krishna Valley Develop and Rane Computers Consultancy Ltd.