Securities and Exchange Board of India
CIRCULAR
CIR/OIAE/1/2013
April 17, 2013
All Companies whose securities are listed on Stock Exchanges (through Stock Exchanges),
All recognized Stock Exchanges
Dear Sir/Madam,
Sub: Redress of investor grievances through SEBI Complaints Redressn System (SCORES).
1. Pursuant to the provisions of Section 15C SEBI Act, 1992, all listed companies are hereby called upon to redress the grievances of investors and inform them within 30 days of the receipt of the complaints. The details of investor grievances relating to the respective companies are available at the webpage http://scores.gov.in/admin, accessed through the respective SCORES user ID and password of each company. The companies which are yet to obtain SCORES user ID and password are required to send their details as per the enclosed Form-A to SEBI (hard copy) and by email to scoressebi.qov.in and obtain the SCORES user ID and password. Failure to obtain the SCORES user ID and password within 30 days of issue of this circular would not only be deemed as non redressal of investor grievances but also indicate wilful avoidance of the same.
2.Failure by companies to file Action Taken Reports under SCORES within 30 days of date of receipt of the grievance may also attract the provisions of Sec 15A(a) of the SEBI Act, 1992.
3. The Stock Exchanges are accordingly advised to bring the provisions of this Circular to the notice of all the companies whose securities are listed in the exchanges and to disseminate the same through their websites. Further, the Stock Exchanges should also arrange for adequate publicity of this circular through newspaper advertisements or other means, on urgent basis.
4.This Circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.
5. This Circular is available on SEBI website at www.sebi.govin.
Yours faithfully,
yan Bhushan
Chief eneral Manager
Office of Investor Assistance and Education
022-26449710
