The Securities and Exchange Board of India (Sebi) resolved a total of 4,239 investor complaints through its online grievance redressal platform, SCORES, in the month of April, the market regulator said in a public notice on Friday.
During the month, Sebi received 4,341 new complaints. As a result, the total number of unresolved complaints stood at 4,263 at the end of April, up slightly from 4,161 complaints pending as of March 31, PTI reported.
The regulator also reported that the average time taken by listed companies and registered intermediaries to submit Action Taken Reports (ATR) during April was eight days. For complaints under First Level Review, the average resolution time was recorded at four days.
SCORES, or the Sebi Complaint Redressal System, is an online platform that enables investors to file and track complaints against listed entities and Sebi-registered market intermediaries.