Press Release PR No.81/2025 announces an extension of the deadline for filing claims in the matter of Karvy Stock Broking Limited. Karvy Stock Broking Ltd. was declared a defaulter by NSE on November 23, 2020. Claims against the default broker were invited from investors, with the initial deadline of June 02, 2025. Following the SEBI press release dated May 16, 2025, the deadline was extended to December 31, 2025. Considering that many investors have lodged claims, the deadline is further extended to March 31, 2026. Investors are urged to file their claims before the deadline. For queries, investors may contact NSE on its toll-free number 1800 266 0050 (select IVR option 5) or email defaultisc@nse.co.in. This release is dated December 09, 2025, in Mumbai.
Key Entities Referenced
Securities and Exchange Board of India: The regulatory body for securities markets in India, often referred to as SEBI.
Karvy Stock Broking Limited: A stock broking company declared as a defaulter.
NSE: National Stock Exchange of India, where Karvy Stock Broking Ltd. was a member and later declared defaulter.
PR No.81/2025
Extension of Deadline for filing claims in the matter of
Karvy Stock Broking Limited
Karvy Stock Broking Ltd. was declared defaulter by NSE on November 23, 2020.
As per NSE bye-laws, rules and regulations, claims against the default broker, were
invited from investors and deadline for submitting such investors’ claims was initially
fixed as June 02, 2025.
Consequently, following the response to the SEBI press release dated May 16, 2025,
which urged investors to lodge their claims, the deadline for filing claims with NSE was
extended to December 31, 2025.
Given that considerable investors have lodged their claims pursuant to the awareness
created and extension provided for inviting claims, it has been decided to further
extend the deadline upto March 31, 2026. Investors are advised to take note of the
above deadline and are urged to file their claims before the deadline, if not lodged
already.
In case of any queries, investors may contact NSE on its toll free number -1800 266
0050 (Select IVR option 5) or write to defaultisc@nse.co.in
Mumbai
December 09, 2025
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