Ministry of Corporate Affairs
IEPFA and SEBI to Launch Pilot ‘Niveshak Shivir’ in Pune to Empower Investors and Streamline Grievance Redressal and Unclaimed Dividend Claims
Niveshak Shivir eliminates intermediaries by enabling direct interactions between investors, companies, and RTAs, providing immediate grievance resolution through dedicated kiosks
IEPFA will directly facilitate recovery of unclaimed dividends held for six to seven years
Posted On:
29 MAY 2025 6:37PM by PIB Delhi
The Investor Education and Protection Fund Authority (IEPFA), operating under the Ministry of Corporate Affairs, Government of India, in collaboration with the Securities and Exchange Board of India (SEBI), has announced the rollout of its pilot initiative Niveshak Shivir. The first pilot camp will be held on June 1, 2025, at Pune from 10:00 AM to 4:00 PM. . This initiative aims to serve as a one-stop solution for investors to resolve issues related to unclaimed dividends and shares, and offer direct access to investor services.
As part of this program, IEPFA aims to offer:
- Direct facilitation of unclaimed dividends held for six to seven years,
- On-the-spot update of KYC and nomination,
- Resolution of pending IEPFA claim issues.
Niveshak Shivir aims to eliminate intermediaries by fostering direct interactions between investors, companies, and Registrars and Transfer Agents (RTAs), while also providing an immediate redressal mechanism for investor grievances. Stakeholder companies with significant volumes of unclaimed dividend accounts will be invited to participate through dedicated kiosks at the event.
The Pune pilot will be the first in a series of Shivirs planned across cities with high concentrations of unclaimed investments. These outreach programs reflect IEPFA’s commitment to creating a secure, transparent, and investor-centric financial ecosystem. The first pilot camp will take placr at Lemon Tree, City Center, 15 & 15A, Connaught Rd, Modi Colony, Pune, Maharashtra from 10:00 AM to 4:00 PM.
AboutIEPFA
The Investor Education and Protection Fund Authority (IEPFA) is dedicated to promoting investor awareness and protection in India through educational initiatives and strategic collaborations
Interested claimants can register for the initiative with the link below:
Registration Link
For more information, visit: www.iepf.gov.in
******
NB/AD
(Release ID: 2132440)