The Securities and Exchange Board of India (SEBI) and the Investor Education and Protection Fund Authority (IEPFA) jointly conducted the second “Niveshak Shivir” in Hyderabad, Telangana, as an investor outreach initiative to help shareholders reclaim unpaid dividends and unclaimed shares and reduce the stock of unclaimed investor assets. Delivered with Market Infrastructure Institutions BSE, NSE, CDSL and NSDL and Registrar and Transfer Agents including KFin Technologies, MUFG Intime India, Bigshare Services and Purva Sharegistry, the day-long event drew over 300 investors and claimants and set up 23 service desks offering end-to-end support. Assistance covered claims for dividends and shares unclaimed for over six years, on-the-spot KYC and nomination updates, resolution of claim-related issues and processing of pending claims submitted to IEPFA; a dedicated search facility helped participants identify potential unclaimed assets. SEBI, IEPFA and other MIIs also launched an investor guide developed by CDSL setting out a step-by-step claims process. SEBI and IEPFA indicated similar Niveshak Shivir events are proposed in other cities with significant unclaimed investor assets.
Securities & Exchange Board of India 2025-09-02
Securities and Exchange Board of India and Investor Education and Protection Fund Authority hold second Niveshak Shivir in Hyderabad to facilitate claims for unpaid dividends and unclaimed shares
The Securities and Exchange Board of India and the Investor Education and Protection Fund Authority held the second "Niveshak Shivir" in Hyderabad to assist investors in reclaiming unpaid dividends and unclaimed shares. Supported by Market Infrastructure Institutions and Registrar and Transfer Agents, the event provided end-to-end support for over 300 participants, including KYC updates and claim processing. SEBI and IEPFA plan similar events in other cities with significant unclaimed investor assets.