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Our success stories

 

Below, we have added few case studies which have been resolved or are work in progress. This is for our prospective clients to understand how we can provide customised solutions based on our service offering.

01. Chandan Parmar (Businessman)

 

Mr. Parmar bought the Triple Option Convertible Debentures (TOCD) of Reliance group & shares of other companies. These were held for almost 5-6 years and there had been an address change 4 times. There was no awareness about the total liquidity of the portfolio.

 

On further digging, it was uncovered that this also included original, bonus, dividend & shares issued against merger-demerger of business for Reliance. Further, the Shares of other companies were also studied and the total liquidity came out to be for more than 4 Million in Rs. Value.

02. Lakshmi Desai (House Wife, Senior citizen)

 

Mrs. Desai found a piece of Paper left by her deceased brother and she did not know what this was for. Her brother had done some investments and hand written the notes on the paper which was for more than 25 companies.

 

An extensive study for the portfolio was done which determined that additional benefits also covered original shares, sub-divided shares, bonus and dividend to the tune of 14 million in Rs. Value. A lengthy legal process was carried out resolving all the issues. A total benefit of 11 million is already done and remaining 3 million is in pipe line.

03. Sharad Doshi and family (NRI)

 

Issue 1: Mr. Doshi and his family had around 30 million in Rs. value worth of shares lying in a dormant demat account due to incorrect name and also incomplete KYC.

 

Issue 2: He had also invested in Reliance group for shares worth Rs 6 million in physical form. This investment had been idle for more than 15 years due to signature mismatch to the tune of 3 million. Further, due to incorrect name on the share certificates to the tune of 3 million was also pending. Additional complexity aroused since he changed address from one country to other.

 

The legal process was followed to resolve incorrect name on the a/c and the KYC was also completed. The demat account became active and the Client had the opportunity to trade his 30 million worth and also the Reliance Group shares now became liquid to the tune of 6 million.

04. Ananya Murugan (Senior citizen, Salaried)

 

Due to death of her husband, Mrs. Murugan did not know what investments had been made until now.

 

A detailed study was done with companies based on the limited documentation available with her viz. counterfoil of dividend warrants, annual reports and e-voting notice. It was found that the total worth of investments had been Rs. 4.5 million in value. Shares have been partly transmitted and issue of duplicate shares is also in pipeline.

05. Tamanna Sawant (Salaried)

 

Ms. Sawant’s deceased uncle had invested in 100 shares (1000 shares sub-divided now) of State Bank of India & 150 shares (300 shares sub-divided now) of Apcotex Industries pre-marriage. This was identified in a hand written note from his uncle which was uncovered after his death.

 

An application was made for issue of Duplicate certificate. Additionally, there was also a name change required since this application was made post marriage. She is able to capitalize on this liquidity worth Rs 2.5 lakh post the entire process was completed and remaining 1.5 lakh is in pipeline. 

Important Note

 

  • All the case studies mentioned above are genuine.

  • The names have been changed to protect the privacy of our clients.

  • For reference, please get in touch with us in person. 

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