Many of you must be aware that large investor community have suffered the setback due to non-delivery of BCG shares bought on 5th and 6th Dec 2022. I just got the shares in my kite console today and that is 115 days delay. Question is why we were not given cash settlement if t+2 time has elapsed?
Now the price is approx. 60% down. what are the regulation and legal action possible?
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So you purchased the shares just like other shares but the shares are credited after 115 days? So every buyer who purchased on the day of your purchase faced short delivery?
Not sure all but sure that hundreds of investors faced the issue. Just check the money control forum and you will know. It is kind of day light robbery by conspiring entities.
So were there some issues with the company before the purchase, and the price was down, so people bought it as it was available at lower price, or everything was fine until the day of purchase and something happened after the purchase, so there is a short delivery?