IEPFA and SEBI Launch Initiative to Address Investor Grievances and Unclaimed Dividends

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, in collaboration with the Securities and Exchange Board of India (SEBI), is set to launch the pilot edition of its outreach initiative, Niveshak Shivir, in Pune. Scheduled for  June 1,2025, the event aims to provide investors with a direct platform to resolve concerns related to unclaimed dividends and shares. 

This programme aligns with IEPFA’s commitment to enhancing investor confidence and promoting a transparent and secure financial ecosystem.

Purpose of the Niveshak Shivir Initiative

Niveshak Shivir is designed to streamline investor support by acting as a comprehensive service point for addressing long-pending claims. The initiative specifically targets:

• Direct facilitation for the recovery of unclaimed dividends held for 6 to 7 years.
• On-the-spot updates of Know Your Customer (KYC) details and nomination records.
• Immediate resolution of pending IEPFA claim concerns.
   

This pilot programme in Pune sets the stage for further outreach camps across other cities with high levels of unclaimed investments.

Read More: Unclaimed Dividends? Reliance Alerts Shareholders to Take Action Before August 2025.

Eliminating Intermediaries for Effective Grievance Resolution

One of the key highlights of Niveshak Shivir is the removal of third-party intermediaries. Investors will have the opportunity to directly interact with company representatives and Registrars and Transfer Agents (RTAs) at the event. Dedicated kiosks will be established by companies with significant volumes of unclaimed dividend accounts, allowing investors to resolve issues in real-time.

Event Details and Location

The first camp will be held at Lemon Tree, City Center, 15 & 15A, Connaught Road, Modi Colony, Pune, Maharashtra. It will run from 10:00 AM to 4:00 PM on June 1, 2025. The event is open to investors seeking immediate assistance with dividend claims, share-related issues, and grievance redressal.

Future Plans for Wider Investor Outreach

The Pune pilot is the first in a series of similar events planned across the country. IEPFA and SEBI intend to extend this model to cities with a higher concentration of unclaimed investments, ensuring wider investor coverage and faster resolution of issues. These camps will serve as a proactive step in educating investors and simplifying the process of accessing rightful claims.

About the Investor Education and Protection Fund Authority

The IEPFA operates under the Ministry of Corporate Affairs and is responsible for promoting investor awareness and ensuring investor protection through educational drives and strategic collaborations. It plays a crucial role in simplifying the process of claiming unclaimed dividends and shares while reinforcing trust in the Indian financial system.

Conclusion

Niveshak Shivir marks a significant step towards empowering investors through direct access and efficient grievance resolution. This initiative reinforces transparency and trust in the financial ecosystem.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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