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PR No.22/2026
SEBI and IEPFA Conducted the sixth “Niveshak Shivir” at Bhubaneswar -
Proactive Joint Initiative to Minimize Unclaimed Assets and Facilitate Investor
Claims for Unpaid Dividends and Shares
The Securities and Exchange Board of India (SEBI) and the Investor Education and
Protection Fund Authority (IEPFA), Ministry of Corporate Affairs, jointly organized the
sixth “Niveshak Shivir” at Bhubaneswar on March 27, 2026. This investor outreach
initiative aims to assist shareholders in reclaiming unpaid dividends and unclaimed
shares and thereby, reduce the volume of unclaimed investor assets in the system.
The Shivir was organized in collaboration with key Market Infrastructure Institutions
(MIIs) – NSE, NSDL, BSE and CDSL and Registrar and Transfer Agents (RTAs) - KFin
Technologies Ltd., MUFG Intime India Pvt. Ltd., Bigshare Service Private Ltd. &
CAMS.
The day-long Shivir witnessed enthusiastic participation from over 285 investors and
claimants from Bhubaneswar and surrounding areas. The event featured dedicated
service desks under one roof, offering end-to-end assistance on:
The process for claiming dividends and shares that have remained unclaimed
for over six years;
On-the-spot updating of KYC and nomination details;
Prompt resolution of claim-related issues;
Processing of pending claims submitted to IEPFA
The Niveshak Shivir enabled direct facilitation of unpaid dividends and claims pending
for over six to seven years, provided on-the-spot KYC and nomination updates, and
Page 1 of 2addressed IEPFA claim issues. Dedicated kiosks were set up by stakeholder RTAs,
allowing investors to interact directly with officials and eliminate the need for
intermediaries. The event was graced by officials of SEBI, IEPFA, MIIs, and RTAs.
The event was graced by Shri Binod Sharma, General Manager, SEBI; Shri Shobhit
Srivastava, General Manager, IEPFA; along with other officials from SEBI, IEPFA,
MIIs, and RTAs.
This sixth edition of the Niveshak Shivir series underscores SEBI and IEPFA’s shared
commitment to investor protection and financial empowerment. Similar events are
proposed to be conducted in other cities with significant unclaimed investor assets.
Mumbai
April 08, 2026
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