My mother Mrs. Saroj Jain has a trading account with Aditya Birla Money and I am her son Ankit Jain (nominee in the account).
Lately I have received letter from Aditya Birla Money Ltd. indicating that some trading been done in the account. These are basically Nifty trading (day trading). Permission for this trading has not been given
by my mother. Around 15-20 days back we had informed the Aditya Birla Money personnel to stop any kind of trading in this account and he had assured us of the same. However my mother has informed me that she has received couple of transaction statements from Aditya Birla Money dated 12th May / 13th May / 19th May / 23rd May.
We would like to stop any kind of trading in this account with immediate effect.
Please note that this can be taken up with SEBI as shares in our account are being sold to compensate the loss which the broker has incurred by doing the trading in NIFTY. We have also come to know that
the brokerage for these transactions is coming to ~ 1 lac. The sole beneficiary in this ILLEGAL transaction is Aditya Birla Money Ltd and the broker.
This is the WORST TRADING SERVICE which we have seen lately. Please take a serious note of it and stop any further transactions. Failure to do so will result in a legal action against Aditya Birla Money Ltd.
Details of the relationship managers whom we are talking to are-
Ashish Singh (7827181100) & Aprajita Khandelwal (9968700206)
0 comments