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I am too thinking about transferring my shares in Karvy. I thought SEBI rules said shares have to be credited to the client's demat account T+2 days. But to date, they're holding all my shares in their pool account and have not transferred it to my demat account. Dividends also they put only in ledger, not in my bank account. Why? Raises a lot of doubts.
If I give a share transfer request, will they transfer the shares or just debit the shares from our account and not do any transfer, but just withhold them illegally without any response or answer like they are doing with the fund payout. Really scary.
I am beginning to think I made a mistake by investing in Karvy thinking that its a big company. Big facepalm for me.
If I give a share transfer request, will they transfer the shares or just debit the shares from our account and not do any transfer, but just withhold them illegally without any response or answer like they are doing with the fund payout. Really scary.
I am beginning to think I made a mistake by investing in Karvy thinking that its a big company. Big facepalm for me.
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Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No. 1 Banjara Hills, Hyderabad, Andhra Pradesh, India - 500034
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They are not making payout for even 10000rs.
Employees salary is pending for more than 4 months.
Too many issues.