[Resolved]  Angel Broking — Selling of Shares without Consent

Address:

Bangalore, Karnataka

Dear Sir/ Madam,

This is with reference to my account R67676 and the event that has happened today. I have received an exposure upto 60L for my investments of 6.25L towards Intraday Trading. I have purchased Rushil Script and saw a momentary Dip in prices. I had incurred losses of Rs. 2.5L as per MTM. But It was only 11 in the morning and I was confident as per my analysis that I will come back to gain.

Your appointed Branch Manager (Mr.B Srinivas Reddy) called me up and threatened to square off my position as I had incurred huge losses at that point in time. I informed him not to do so as I was willing to take responsibility if I incurred more loss. Despite several repeated warnings, he has ignored all ethical practices and sold my shares without my consent. The stocks as I predicted raised above break even and moved to tremendous profits.

Thereby I have lost 2.5L + 2L of opportunity because of your employee over riding my decisions. This sort of intervention is very discouraging and loss of faith in Angel Broking.

I wish that the exact person come forward and take responsibility as well as pay back my losses. As part of your customer satisfaction, I expect that you will not disappoint me and make me put more efforts to recover the lost money.

Awaiting your response,

--
Rajesh