Subject: Delisting of Share form stock exchange
I am a small investor but writing you to on behalf of all investors like me.This is the most important thing as it is effecting the small investors very much and nothing is being done for it. The many stocks gets dilisted from the market without any information due to which investors have to suffer a lot. When a share goes up many times, at that time many people, authorities stand and give their statement and when they get delisted than at that time why nothing is being done by SEBI.
THE POINTS WHICH I FEEL IS IMPORTANT ARE:
1. That when a share gets delisted, the sebi should do something, that at the time of delisting the rate closed should be paid to the investor by the company or its promoters.
2. There should be heavy fine for the companies who are in such practice, why should small investor suffer.
3. Why there is no monitering of the delisting of the shares.
4. Why a shares face value is reduced from Rs 10 to Rs 1 without giving the shares for it, and what they do after 6months that again that shares go to Rs 10 from Rs 1 and that time the shares are reduced. What all this is going on. The companies are just making the public fool and pocketing themselves millions in this way.
We have lot of trust in u and ur policies so due to this only writing to u, as some thing could be done in it, the stocks are like Rollatainer, Websity infosys, Pentamedia graphic etc. and many many more.
SIR, AT LAST ONLY ONE THING TO SAY THAT " WHAT IS THE MISTAKE OF INVESTORS.
Thanks and Regards