**Summary:**
This press release announces an extension of the deadline for investors to file claims against Karvy Stock Broking Limited (KSBL), which was declared a defaulter by the National Stock Exchange (NSE) on November 23, 2020. The original deadline of June 02, 2025, has been extended to **December 31, 2025.** This decision was made based on investor response to a previous SEBI press release dated May 16, 2025, which urged investors to file their claims. Investors who have not yet filed their claims against KSBL are strongly encouraged to do so before the extended deadline. For queries, investors can contact the NSE via the toll-free number 1800 266 0050 (select IVR option 5) or by email at defaultiscnse.co.in. This extension is effective as of August 21, 2025.
Key Entities Referenced
Karvy Stock Broking Limited: A stock broking company that was declared a defaulter.
NSE: National Stock Exchange of India, which declared Karvy Stock Broking Ltd. as a defaulter.
SEBI: Securities and Exchange Board of India, which issued a press release urging investors to file claims.
November 23, 2020: Date when Karvy Stock Broking Ltd. was declared a defaulter by NSE.
June 02, 2025: Original deadline for investors to submit claims against the default broker.
December 31, 2025: Extended deadline for investors to submit claims against the default broker.
Mumbai, Maharashtra: City in India, where the notification was issued.
August 21, 2025: Date of press release.
PR No.52/2025
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 fixed as June 02, 2025.
In this regard, SEBI had issued a press release dated May 16, 2025, urging investors to
file their claim before the deadline.
Based on the response received from the investors to the aforesaid press release, it has
been decided to extend the deadline till December 31, 2025. 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
August 21, 2025
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