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L M Goyal BSCAL

LETTERS TO THE EDITOR

I am a regular reader of your paper. I find a lot of articles which are of great help to investors. At the same time, I feel you must, in the larger interests of small investors, raise your voice against companies which (a) do not communicate with investors. Never send any circulars, regular information, not even annual reports; (b)suddenly change their address and do not send stickers of changed addresses to shareholders. Public notices seldom help, and those who are in the process of purchase-delivery etc. are usually all the more ignorant about such changes; (c) who skip the dividend but do not hesitate to charge a higher commission on sales, higher perks, higher bills of clubs and telephone and travel for the management from so-called insufficient profits.

 

It would be of great help if you could start a column in this regard.

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First Published: Feb 09 1998 | 12:00 AM IST

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