[Resolved] Religare Securities Ltd — Unauthorised trade conducted by Religare Securities, Sambalpur Branch, Odisha. | |||
Sub : Unauthorised trade conducted by Religare Securities, Sambalpur Branch, Odisha. Dear Sir, I am an employee of Coal India Limited, a Public Sector Company and a small investor trading in Religare securities and I would like to state a fraud that was done to me by Religare securities. I am sorry to inform you that, I Gati Krishna Nanda having Demat A/c no. IN[protected] , Client ID. GN259 Account with Religare Sambalpur Branch. One of the dealer do the unauthorized trade without taking consent of mine they sold 104 of Coal India Share. After complaining to SEBI & NSE they settle with the amount Rs.9,800/- which I am not agreed with because this is the serious crime conducted by the said branch & the Branch Manager was not taking the issue so seriously. They sold off my share without informing me nor letting me know about the selling off of the shares and later when I got the conformation call I told them that it was unethical to do that and I would go and place a complain, they were least concerned about anything and stated that its their decision to do that, and now they are not giving me proper response also. Kindly help as I don't want to trade with this fraud company and help me get justice. I request you to kindly consider my case disclose what Religare is doing & get my entire 104 Coal India Share no instead of money. Regards. (Gati Krishna Nanda) Demat A/c no. IN[protected] Clinet Code. GN259 Qtr No. A/201 Anand Vihar, MCL, P.O. Jagruti Vihar, Burla, Sambalpur – 768020 ,Odisha Mobile No. [protected] Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 3 Comments | |||
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2nd Floor, Rajlok Building, 24, Nehru Place, New Delhi, Delhi, India - 110019
ReligareSecurities.in — unauthorised trading
The company officials are trading in the account without any permission even telephonically and without having deposit even margin money only on the basis of the valuation on IPO alloted and kept with them as trustee, though they squared up the position by selling all my holdings, I had requested to please stop this and acknowledge its receipt but they are not doing so, please arrange so that they may not do like this infuture.