Elder Pharmaceuticals — Non receipt of FC Maturity funds C-65524 matured 13Dec14

Address:Elder Pharmaceuticals Ltd, Refd Office Eklder House, Plot number C9 Dalia Industrial Estate, Off Veera Desai Road, Andheri W Mumbai 400 053

The captioned deposit receipt of Rs 250000/-, date of deposit 12Dec2011, date of realisation 14Dec2011, for 36 mths @ 12.5% pa, date of maturity 13Dec2014, maturity value 361670/- has not been repaid since 2014 i.e. 8 years now. In 2015, the company had requested for a deferral of repayment due to liquidity issues - letter signed by COO Anuj Saxena. Subsequent follow up (with Sanjeev Bhalekar) has not elicited any response except apologies. This is so pathetic!
The funds belong to a senior citizen Mrs. Shubha Agaskar now aged 90 and in dire need of funds and it is utterly shameful that a company of this standing indulges in such petty acts as holding back maturity payments of rightful owners.
The concerned are requested to immediately issue payment to the F D holder with interest till date.
Any further details required can be had by writing to manisha.[protected]@gmail.com
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    +91 22 2673 0058
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    Elder House, C-9, Dalia Industrial Estate, Andheri (W), Mumbai, Maharashtra, India - 400053
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