Money not given by alchemist

Name of Complainant Sanjit Kumar Bose
Date of ComplaintJuly 19, 2024
Name(s) of companies complained against
Category of complaint Investments
Permanent link of complaint Right click to copy link
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Text of Complaint by Sanjit Kumar Bose:

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Write a complaint on alchemist holdings ltd for not giving the money back as was promised because I purchased 2500 shares of 10₹ with redemption value 250000₹ that should be redeemed on 26/08/2022 but the company is duped us with closing us the company name
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Subject: Formal Complaint Regarding Non-Redemption of Investment

Dear Sir/Madam,

I am writing to formally lodge a complaint against Alchemist Holdings Ltd regarding the non-redemption of my investment. On [Date], I purchased 2500 shares of ₹10 each with a promised redemption value of ₹250,000, scheduled to be redeemed on 26/08/2022.

Despite these assurances, the company has failed to fulfill its commitment and has instead abruptly ceased operations without providing any clarity or communication on the matter. This not only violates the trust placed in Alchemist Holdings Ltd but also puts investors like myself at a severe disadvantage.

I demand an immediate resolution to this matter, including the full redemption of my investment as promised. If this issue is not addressed promptly, I will have no choice but to pursue legal action to protect my rights as an investor.

Please acknowledge receipt of this complaint at your earliest convenience and provide a timeline for the resolution of this issue.
Thank you for your attention to this urgent matter. I look forward to your prompt response.

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