Home |SEBI | Can an investor lodge a complaint against a company which is on Dissemination Board of a stock exchange through SEBI's Scores website?

Can an investor lodge a complaint against a company which is on Dissemination Board of a stock exchange through SEBI's Scores website?

Answer Notify Me - 1 Notifying - 2
Citizen Helpdesk, Curated Answers from Government Sources
Answered on May 10,2021

Companies which were exclusively listed on the erstwhile regional stock exchanges and did not get listed on the Main Board of any nation-wide stock exchange or provided exit to the investors, were transferred to Dissemination Board (DB) of nation-wide Stock Exchanges. These companies ceased to be listed companies and were transferred to DB for the purpose of providing exit to investors. Similarly companies which are compulsorily delisted by the nation-wide stock exchanges are also placed on DB for the sole purpose of providing exit to the investors.

If there is any valuation related complaint for exit from the company, then the investor may lodge it through SCORES. Since the companies on DB have ceased to be listed companies, for all other matters, the investor may approach the companies directly or the appropriate authority in this regard.

Source : This answer is sourced from SEBI's SCORES portal.

Clap Clap 0
Share Share Answer Share Share
Views 78 views
tesz.in
Hey , can you help?
Answer this question

Related Questions