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Vatsa Corporation holds the distinction of having the maximum number of complaints against it at 1,077. It is a BSE listed company belonging to the Z category.
Companies in this category are those which have failed to comply with their listing requirements and/or have failed to resolve investor complaints and/or have not made the required arrangements with both the depositories — CDSL and NSDL — for dematerialisation of their securities.
The other companies in the top 10 have complaints only in double digits. BSE received 91 complaints against 73 companies in May and resolved 61 of these against 57 companies. Complaints are usually made on non-receipt of money/ securities/ corporate benefits/ interest for delay in refunds, dividends and the like.
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