There was no postal intimation to unitholders who didn't have a registered email address, according to a letter that Midas Touch Investors Association sent to Sebi.
Class action, whistleblower protection and exit option likely to bring back investor confidence.
BSE says all requirements complied with.
Midas Touch Investors Associations will move the Supreme Court against the decision of the National Consumer Disputes Redressal Commission, which rejected its plea for compensation of Rs 4,987.5 crore
A number of listed companies are not to be found on their registered address. The stock exchange has also been unable to contact them through other means. These 50 companies had been suspended for violations for more than six months. The BSE had reached out to them with show cause notices in December 2020.
They took investor money via IPOs and then disappeared.
NSE's own handle @nseindia was content tweeting out the press release in seven tweets.
Of 194 entities thrown off the exchange, BSE doesn't have promoter names or addresses for 168 firms; yet it has ordered all promoters to buy back shares
Adani Enterprises has 14 resolutions to pass, Adani Ports & SEZ has 13, Adani Power 12.
Vadra launched Skylight Hospitality four months after the DLF shares got listed, amid complaints of inadequate disclosure from investor associations and former business partner Kimsuk Krishna Sinha.
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