[Resolved]  Unicon — UNICON Securties not Working

Address:Bangalore, Karnataka

Dear All, I have seen lot of complaints regarding UNICON, i am also one of the person like you, who had lost money and shares are struck in trading account. I have bought some shares but these shares not moved to DP account and very surprise to see my DP account is empty.I hope the same issue with others, if the shares are available in DP then we can easily transfer to other DEMAT, where as UNICON didn't do and most o[censored]s shares are in the trading account..I really doubt how to get back money from UNICON and stocks are appreciated double. I think we should form a team and do proper approach.Its worth we can schedule a meeting with team and have proper solution to deal this issue.. Myself Vinoth located in bangalore, anybody from Bangalore is interested you can reach me @ [protected]..
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Aug 14, 2020
Complaint marked as Resolved 
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Completely agree with you. Unicon is out of busines Big Time and are highly unlikely to resume business any time soon, if at all they are allowed to resume business.
Please go through below link:
http://www.sebi.gov.in/cms/sebi_data/attachdocs/[protected].pdf

It is circular from SEBI and describes why SEBI had to take such action against UNICON. It seems the owners and CEO are involved in fraudulent activities and our money is really not safe.
I wonder what happens to our stocks in trading. If those shares starts depreciating we can't do anything about it :(

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