Niveshak Shivir Initiative by IEPFA and SEBI
Niveshak Shivir Initiative
IEPFA and SEBI Join Forces for Investor Empowerment
Strategic Preparatory Meeting
On May 9, 2025, the Investor Education and Protection Fund Authority (IEPFA) organized a preparatory meeting with the Securities and Exchange Board of India (SEBI) at the SEBI Office, Bandra-Kurla Complex (BKC), Mumbai. This meeting aimed to enhance investor outreach and streamline the process of reclaiming unclaimed dividends and shares.
Key Attendees
- Smt. Anita Shah Akella, CEO of IEPFA
- Shri Ananth Narayan G., Whole-Time Member, SEBI
- Shri Shashi Kumar Valsakumar and Shri Jeevan Sonparote, Executive Directors, SEBI
- Representatives from NSE, BSE, NSDL, CDSL, and RTAs
About the Niveshak Shivir Initiative
The "Niveshak Shivir" is a nationwide investor assistance initiative designed to simplify the reclaim process for unclaimed dividends and shares. This initiative aims to improve financial literacy and reduce reliance on intermediaries.
Action Points Discussed
- Shareholders holding shares in dematerialized form are encouraged to contact their respective companies for clarification and support.
- Shareholders with physical shares should verify their status on the IEPFA website and can initiate a claim by filing Form IEPF-5.
- The IEPFA provides a search facility for shareholders to check if their shares have been transferred to the IEPFA.
For more information, visit the IEPFA website: IEPFA Search Facility
Upcoming Events
The "Niveshak Shivir" initiative will commence later this month in Mumbai and Ahmedabad, with plans to expand to other cities with high volumes of unclaimed investor assets.
Comments
Post a Comment