Angel Broking — SUB: LOSS INCURRED DUE TO WRONG TRADING , MISGUIDANCE AND MENTALLY HARASSMENT

Address:

Visakhapatnam, Andhra Pradesh

Sir, I am having a demat account bearing client Id S040482 with Visakhapatnam Branch. I open a demat account with your firm because you have a big name in the trading market. But a recent episode of series of event led me to think otherwise. Because of misguidance and ill trading I have incurred a loss of Rs. 1, 10, 000.00 (Rupees One Lakh and Ten Thousand). Things got worse with the aftermath follow up to make good the things. I have spoken to the branch executive and customer heads at several occasions. All they could provide me was false promise and nothing more than that. This result in unnecessary delays and mental suffering more. Finally on 26.03.2015 I met Mr. Badrinath ( Cluster Head) and after listing all issue he speak to the Mr. Suresh (Operational head). Thereafter he promised me that he will settle this issue at the earliest. When I asked him about the necessity of a formal/written complaint, he simply advised me to refrain from it because it(complaint) will go to him only. I kept running behind the branch for fair justice for this issue but all in vain. Indeed it feels painful when the care taker of your hard earned money responds in that way. But I am sure these are remote incidents and overall your firm has a good rapport in the trading market. It is my humble request to you that the money loss due to misguidance of your employee/agents be make good by concerned person or remedial measure be instituted. Regards, Shashi Kant Singh Clint code S140482 Mob: [protected]