Birla Power Solutions Complaints & Reviews

Dear Sir,

Having invested our funds with the reputed Birla Group of Companies, we were assured of the company's growth, stability & goodwill to return the funds upon maturity. We have made our investment through RR Investors and inspite of several follow ups with them we have not received any satisfactory answers. The original FDR's have been duly discharged and submitted to their office for redemption.

Company. FDR No. Name of holder. Maturity Date Maturity Amount

2. Birla Power Solutions. 27100 Nirmeet Jogendra Solanki 14/09/2012 30970
3. Zenith Birla ( India ) Ltd 53548 Nirmeet Jogendra Solanki 17/11/2012 30678 We have received int amt of Rs. 5678/-
4. Birla Power Solutions. 28229 Rani Abhay Kapadia 17/11/2012 30970

Shantha Sivaraman <sivaraman.[protected]@gmail.com>
Mar 29 (4 days ago)

to ganesh, swaminathan
Dear Mr.Ganesh,
Email sent to : [protected]@yashbirlagroup.com

Dear Sir,

Please note, I am around 70 years old lady and depend on these interest amount for my monthly expenses.

Client name Fdr Number Investment date Maturity Date. Amount Invested

S.Shantha 29638 15.09.2011 14.09.2014 18000/-
S.Shantha 29632 02.09.2011 01.09.2014 23000/-.

Request to make my payment till date immediately.

With Regards,
S.Shantha
M : +91 [protected]

I want to bring to your notice the most unprofessional and unethical way 2 account employees at your organization Birla power have been treating the
hapless citizens and investors like me

Have also sent Form 4 and DD of 50 to MCA but no response till date. Also sent one copy with all evidences to MR Bhatt ROC Mumbai as well 2 weeks back

Have sent several reminder mails to PVR Murthy who is MD but he is not responding and is escaping. Please expose them and make an inquiry. This may be ne of the biggest frauds like SAHARA INDIA

This is in reference to FDR # 12726 INR 40000/- which I had opened up in Dec'11 , due to extreme financial and personal exigencies (medical
treatment of my wife) had requested for a Pre-Closure for which* Mr Ganesh and Mr Santosh from FD Department , Dalamal House, Nariman point hadsuggested that the amount will be paid in Jan'12 atlast after not interest payment since last one year

I have been *struggling hard for my hard-earned money for which no interest has been payed since March'12 wherein every time these 2 account officers
used to mock and tell me to call after every month. They kept on giving repeated assurances that interest amount will be paid at end of Sep'12 but
till date not a single penny has been given

I will also like to take this opportunity to highlight the *most unprofessional and unethical behaviour of Mr Santosh on last Thursday when
he simply banged phone on me after repeated sarcastic comments

Since last 3 months even after repeated calls no one attends the call and after rigorous follow-ups am told that number was busy even when neither
one of them doesn't attends the calls even after being transferred from reception and am being told there is a constraint of work as of only 3
account officers in department

This was an medical emergency of my wife for which I had to borrow huge sum of money from market and encash as pre-closure all my invested money

Am attaching the following documents for your reference which had been sent to the Dalamal house based on discussion with Mr Ganesh / Mr Santosh/ Ashish Mahendrakar whonow mock me that the Organization has no funds and amount shall not be credited and released before mid Jan'13*

1. Pre-Closure Letter*
2. Original FDR with signed Re 1 /- stamp*
3. Courier receipt
4. Cancelled cheque

Request your intervention and stringent action on such employees who deal with such unprofessional and unethical behaviour

An Aggrieved Investor

I have not received Maturity Interest payment of Rs.4,312/- for FDR No.29749 dt; 23/11/2011 matured and renewed for Rs,. 40,000/- but differential payment of 4312/- and Qly Interest of FDR of Rs.40,000/-
for the last quarter not received

G T Ghadia, , Vrajraj, Vimal; Nagar University Road,Rajkot 360 005

My name is S.Janakiraman. I have invested Rs.75,000(Rupees Seventy Five Thousand ) with Birla Power Solutions as Fixed Depost for a period of 3 years. The maturity date is Dec 2013. After hearing about the companies financial woes I contacted my financial consultant 'Integrated Enterprises Ltd' and they adviced me to do a pre mature withdrawal. I had sent the FD receipt to the Company throught Integrated in November. So far I havent heard anything from the company regarding repayment. I have already registered a complaint with Ministry of Corporated Affairs Reference # SRN B65158875

Requesting you to kindly advice what course of action I can take. Thanking you.

Birla power solutions ltd. - fdr no.27449 dated 19.10.10 matured on 19.10.12. Sent/lodged for repayment on 22.09.12. On reminder registrar adroit corp. Service asked to contact company reprsentative mr ganesh. On talking over phone i am told your request registered & payment will be done in first week of january. On non receipt of payment contacted company at dalamal tower nariman point, mumbai on 04.01.13. They refused to accept letter nor promised when payment will be made. If reputed yesh birla group company fail to repay fix deposit what to do??? Mr. Ajani