Show menu
Close
FAQ FAQ Categories Categories Sign in Sign in
Close
ADVERTISEMENT

[Resolved]  Ind Euro Pharma Limited — ISSUE OF SHARES BUT NOT LISTING EVEN AFTER 20 YEARS

Ind Euro Pharma Limited issued 500 shares to me sometime during 1995-96. Despite promises, they never kept the share holders informed about the progress achieved. We were in New Delhi at that time and a couple of time my husband cotacted Shri KSN Murthy, Chairman of this company.

This type of private placement and subsequently not making tangible progress and not listing with the Stock Market tantamounts to cheating of the public.

I am surprised there are no authorities in Karnataka to check such mal practices and take action against such errand persons to restore public confidence.

regards,
janaki
Was this information helpful?
Yes (0)
Aug 14, 2020
Complaint marked as Resolved 
Complaint comments  24 CommentsShareTweet

Comments

I have 1000 shares of this company but until now i dont know what is the status of this company
i also got 1000 share of rs10 fully paid, but no whereabout of company.share issued in my son and wife name.
IND EURO PHARMA LTD HAD CHEATED TO SO MANY PEOPLE IN 1995-96 THROUGH PRIVATE PLACEMENT OF EQ. SHARES I HAVE ALSO PURCHASED 1000 EQ. SHARES @ RS. 20 /- PER SHARE WITH A PREMIUM OF RS. 10/- PER SHARE


MUKESH D PATEL AND

JAGDISCHANDRA D PATEL
ADVERTISEMENT

stocks — not listing since 1995

i have purchased 100 shares of JAYANTI BUSINESS MACHINES LTD. on 15.03 1995 since then i am in search of this co neither i am able to trace it nor my broker could help me to trace it
whether the co exists now or has changed its name
pl help
http://www.indiainfoline.com/Markets/Company/Jayanti-Business-Machines-Ltd-Wound...

the company is wound up see the above link
I also have shares of In Euro Pharma subsidiary company of Southern Herbals... Would it not be proper to lodge an FIR against the company and its directors and with SEBi. Although nothing will happen, but no harm in trying? What say?
I am also having 2000 shares of this company, thanks god.. i have got the certificates. It may be useful for me to boil at least one glass of tea at late.
It is shame to the Karnataka Government who just close their eyes infront of such fake companies. Of course, the company might have fed to some officials of SEBI to close their eyes.

Sooo sad. To whom we tell??? Sebi Or Karnataka Government Political officials?

DAMODARAN.K.
I am also the victim of this company. No info was found and listing, Luckily google search foudn your info.
Mukesh Gajiwala
such companies should be banned and prosecuted.
I also have 1000 shares and the certificates too. In a country where down from ministers to peons are currupt, whom we should approach for justice. The owners should be prosecuted and there assets forfeited.
I also have 100 Shares of Ind-Euro Pharma Ltd in 1995 but no response - news from the company and its promoters. I also agree on above serious compaints.
- Samir
i too have 1400 shares. what next is my question now.

r. renuka
I have been alotted 1000 shares but not listed yet . I donot know to whom I have to contact to solve my problem this is fraud agaist me.
parmanand maurya
Janaki is right.I have been issued 1000 shares of IND EURO PHARMA 20 years back but till today no reply/information about this company.Even the original company SOUTHERN HERBALS seems to be defunct.This is BROAD DAY LIGHT CHEATING
Shreekant Tanksali
Solapur
I also have 2000 shares bought on private placement in early 90's, with company claiming at the time of purchase that they were going for public issue soon. After that no communication received from the company.
raja
I have 15000 shares purchased in 1994 @ Rs10+ premium Rs 10.
Inceptors / promoters of this issue should be prosecuted and their assets stripped.
How come RBI gave permission to despatch share certificates to NRI's
RBI Permission No. EC.BC.No.2138HD/13.05.599/95-96 dated 25th March 1996
No Governance !!
i have been alloted 2000 shares of company but no return so far will the company do good for the investers
ccmakwana
Gujarat
But their latest Annual Return do not show none of you as shareholders!
There are many people who got cheated royally by these companies. There are such so called promoters not only in Karnataka but all over India. Even the top big companies do this. Although we have several laws, they are always favouring cheaters rather than the protecting poor common people. Let's hope our new government will take some strict action against such cheating promoters.
Ms.Muneer Banu on Jan 16, 2016
I was allotted 500 shares wide distinctive no from : 01399901 to 01400400 in folio:0001259 dated 19/05/1994.It is almost 21 years and there is no responce from the company IND-EURO PHARMA LIMITED. I request the authorities to do the needful in this matter.

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code

    Contact Information

    India

    Complaint categoryCategory: Stock Market
    Add Company Information

    ADVERTISEMENT