How Did BSE Address 143 Investor Complaints in October?
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Synopsis
In an impressive move, the Bombay Stock Exchange resolved 143 investor complaints in October while receiving 120 new complaints. This article delves into the details of these resolutions, the companies involved, and ongoing efforts to enhance investor confidence and market integrity.
Key Takeaways
- The BSE resolved 143 complaints in October.
- Received 120 new complaints during the same month.
- Top companies with pending complaints were highlighted.
- SEBI and BSE are improving grievance redressal mechanisms.
- Awareness campaigns are educating investors on fraud prevention.
Mumbai, Nov 3 (NationPress) The Bombay Stock Exchange (BSE) announced on Monday that it successfully addressed 143 investor complaints involving 90 companies throughout the month of October.
Many of these complaints were carried over from earlier periods.
During this timeframe, the exchange also received 120 new complaints concerning 81 companies, according to the BSE's monthly investor grievance report.
“This month, BSE received 120 complaints regarding 81 companies. Simultaneously, 143 complaints were resolved concerning 90 companies,” it stated.
“The resolved complaints include those that were pending from previous periods,” the exchange added.
As of October 31, the top three companies with outstanding investor complaints for over a month include JSW Steel Limited with five complaints, Aneri Fincap Limited with four complaints, and Franklin Industries Limited with four complaints.
The BSE emphasized its ongoing efforts to promptly tackle investor grievances, thereby enhancing market integrity and bolstering investor confidence.
In September, the stock exchange had resolved 190 complaints against 126 companies and received 173 new complaints.
As of September 2025, the top three companies with pending complaints for more than one month were Suraj Products Limited, Bajaj Auto Limited, and Reliance Home Finance Limited.
Additionally, the Securities and Exchange Board of India (SEBI) is collaborating with market intermediaries and exchanges to enhance transparency and expedite complaint resolution via its online platform, SCORES (SEBI Complaint Redressal System).
To combat fraud and unethical practices, both SEBI and the Reserve Bank of India (RBI) have intensified their investor awareness campaigns.
The RBI's “RBI Kehta Hai” initiative and SEBI's “SEBI vs SCAM” campaign continue to educate investors on digital safety, fraud prevention, and available grievance mechanisms.
Point of View
It is crucial to highlight the BSE's proactive approach in addressing investor grievances. The resolution of 143 complaints reflects a commitment to market integrity, while the ongoing collaboration with SEBI shows a dedication to investor protection and transparency. This ongoing dialogue between the BSE, SEBI, and investors is vital for a trustworthy financial ecosystem.
NationPress
04/11/2025
Frequently Asked Questions
What is the total number of complaints resolved by BSE in October?
The BSE resolved a total of 143 investor complaints in October.
How many new complaints did BSE receive in October?
In October, the BSE received 120 new complaints.
Which companies had the most pending complaints?
The top companies with pending complaints include JSW Steel Limited, Aneri Fincap Limited, and Franklin Industries Limited.
What initiatives are in place to enhance investor awareness?
The RBI and SEBI have launched campaigns like “RBI Kehta Hai” and “SEBI vs SCAM” to educate investors on fraud prevention and digital safety.
How does BSE ensure timely resolution of complaints?
BSE is committed to addressing investor grievances promptly to maintain market integrity and boost investor confidence.
