My client ID is -2134367, and hold the account with SHCIL, Paradise centre- Secunderabad .
Since the last 1year this new team run by the branch manager Ms.Jyothi Boddu has been mishandling my stocks and selling them without my orders. This embezzlement has been happening for months now. And is coming to my notice only when I open my account to sell the shares, I realise that my share holdings of that particular company have come down. And many have been sold at lower price than I bought. I’m sure it’s a hardened money and none would sell it a at a lower price with a loss of rs 50-100/- per share.
When I buy the shares I get a message and if I’m selling I should have received the message as well that I sold. When I cross checked that how is it possible that I buy the shares the same day at an “x” amount and sell it with in minutes at a loss. And receive the buy message from SHCIL but not the selling of shares message from SHCIL. And if asked they say server must have been down. In just a couple of mins the server is down but half an hour later I get a message for another transaction of buying I did.
This is sheer negligence on the part of the team.
I’m really unhappy with the way the team at SHCIL paradise Secunderabad is providing the services.
I’m currently based out of Bangalore and the team at hyd is avoiding my calls.
Request you to please look into it.
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