Icici Direct — reliance rights shares - money refund cannot be possible

Hi,

I have applied for reliance rights issue by paying the 1st installment and kept money in my savings account remaining for next installment, however there is no intimation or deductions and simply the due date crossed.

Now the shares are not available in demat as well as icici corporate is telling that refund cannot be processed.

On top of huge brokerage that this broker is charging, this is daylight robbery.

Please don't and never choose this robbery brokerage services, and they never provide any support. Most of the responses come after few weeks so that customer will lose track of it and this is one way of icici direct looting money.