Dear Sir,
I applied for 1105 shares of Power Grid Corporation FPO through Bonanza, Palarivattom office in offline physical application form Application No. 18721007. (copy of application form is enclosed) subsequently on 16th November an amount of Rs. 99450/- is debited from my account maintaining with South Indian Bank, Palarivattom branch vide cheque No. 34020 . I have been informed by the Depository Participant that no shares of Power Grid is allotted to me. Then I waited for the refund to come. But result was disappointed. I didn’t receive any refund either as DD or as direct credit to my account. Actually the amount was borrowed my me @12% per annum from the bank for the purpose of FPO purchase. I sent a compliant to the Registrar Karvy Computershare through e-mail (email id [email protected], [email protected]). I haven’t receive any reply or call from the registrar till now. After that I called to Karvy, Kochi office on Phone No. 0484-2322152 and contacted Ms. Sreelatha about the issue. She told me that application no. is incorrect and the particular application is belong to someone else. I sent her the acknowledgement of my application through e-mail to the id [email protected]. Again I contacted her and I got the reply as we sent it to Karvy HO and she promised a call to me on that day itself. But still now I didn’t got any call till now form any of the office of the registrar. Now I am in a situation that my principal amount is blocked and unnecessary (because of the bad service of the Registrar) I am paying interest @12% to my banker. I feel myself in a very big trouble. I think Karvy computershare, which is the registrar to this issue, is misleadig me.
I request you interfere in this matter help me get my refund with due interest for the period delayed.
0 comments