According to the latest data available with the Securities and Exchange Board of India, the regulator received a total of 549 investor grievances against listed companies between May 1-15, sharply down from 1,199 complaints received in the previous fortnight.
After a probe into alleged abusive practices in more than 100 IPOs between 2003 and 2005, SEBI had released a 256-page interim order towards April end barring a number of market operators from trading.
This was followed by announcements of several redressal measures over the subsequent weeks.
The complaints were received from investors across various categories relating to non-receipt of refund orders, allotment letters, dividend, share certificates, bonus shares, right forms, interest on delayed receipt of refund order, debenture certificates, interest on debentures, redemption amount of debentures, interest on delayed payment of interest on debentures and interest on redemption amount of debentures.
However, a sharp improvement was witnessed across all the categories during the fortnight under review, SEBI data shows.
SEBI received 151 investor grievances for non-receipt of refund orders or allotment letters between May 1-15, as against 284 complaints in this category between April 16-30.
The non-receipt of dividend category got only 78 complaints as against 197 grievances in the previous fortnight.
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