Mumbai: As per SEBI RTI reply they have no information about ITC Limited Share listing approval from Govt of India or SEBI . As per BSE site the ITC was listed on 22 Dec 1970. As per section 3 of Capital issue controller act 1947 controller permission is mandatory for investor safety to list any issue . The ITC management did not taken permission from Ministry of Finance and listed IPO at BSE . As per Section 15 HA of SEBI act 1992 it is offence and SEBI can penalize 3 times of profit till date. The matter was raised to SCORES but SEBI failed to take action as matter is very old. Company also not responded when complaint was raised on 6 July 2023 at investors grievance email id. Compliance officer Shri Rajan Singhi denied any such allegation and suggested to sell shares if the investor is not satisfied with violation of rule of law.
| Registration Number | : | SEBIE/WB23/0000660/1 |
| Name of Complainant | : | Sapan Shrivastava |
| Current Status | : | Case disposed of |
| Case Resolved by | : | Dealing Office |
| Status Date | : | 06/07/2023 |
| Date of Receipt | : | 06/07/2023 |
| Remarks | : | ITC Limited was listed on 22.12.1970. Firstly, the complainant has not made any specific allegation against the Company, due to which the investor has suffered. The complaint is only about non availability of RHP in the SEBI public issue column. Secondly, the complaint is made for an event, i.e. listing of shares of ITC which is more than three years old at the time of lodging of complaint. Therefore, as per SCORES FAQ 5, the cause of complaint being more than three years older, the investor may directly take up the complaint with the entity concerned or may approach appropriate court of law. |
| You have desired for review of your complaint.The status of review is as under: | ||
| Current Status | : | Case disposed of |
| Case Resolved by | : | Regional/Divisional Office |
| Status Date | : | 13/07/2023 |
| Date of Receipt | : | 07/07/2023 |
| Remarks | : | The shares of the company are listed on Stock exchange much before the formation of SEBI, therefore you would not find any RHP on SEBI public issue column. |
| View Full Action History | : | |
Complaint Details
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| Registration Number | : | SEBIE/WB23/0000660/1 |
| Name | : | Sapan Shrivastava |
| Address | : | D 102 Natraj Darshan |
| : | Ganesh Nagar Chowk Dombivali West Thane 421202 | |
| City/Location | : | Thane |
| Pincode | : | 421202 |
| State | : | Maharashtra |
| Phone No | : | 9702859636 |
| Mobile No | : | 9702859636 |
| Email Address | : | indiartinews@gmail.com |
| Date of Receipt | : | 06/07/2023 |
| Nature of Complaint | : | Others |
| Previous Name(s) | : | ITC Ltd / ITC BHADRACHALAM PAPERBOARDS LTD ; ITC HOTELS LTD |
| Category Assigned | : | Prelisting/Offer Document (Shares) |
| Complaint Against | : | ITC Ltd |
| Complaint Details | : | ITC Company not providing SEBI consent copy for ITC share listing at BSE and NSE. As per rule of law and section 17 A of Securities contract act 1956 SEBI compliance is mandatory to list shares . No such information of RHP is available in SEBI public issue column. Kindly check listing documents and take action as per the provisions of law and SEBI act . |
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