Date: 2025-11-11Category: Not ApplicableState: Union GovernmentCountry: India
SEBI and IEPFA Conducted the third “Niveshak Shivir” at Amritsar - Proactive Joint Initiative to Minimize Unclaimed Assets and Facilitate Investor Claims for Unpaid Dividends and Shares
**Executive Summary**
SEBI and IEPFA jointly conducted the third "Niveshak Shivir" at Amritsar on November 01, 2025, to assist shareholders in reclaiming unpaid dividends and unclaimed shares. The event aimed to reduce the volume of unclaimed investor assets. A similar event is planned for other cities with significant unclaimed investor assets. The press release is dated November 11, 2025.
**Key Points / Main Content**
* **Event Overview:**
* The "Niveshak Shivir" was held in Amritsar, Punjab, on November 01, 2025.
* It was a joint initiative by SEBI and IEPFA, in collaboration with key Market Infrastructure Institutions (MIIs) and Registrar and Transfer Agents (RTAs).
* The event saw participation from over 223 investors and claimants.
* Seventeen dedicated service desks offered assistance regarding unclaimed dividends and shares.
* **Services Provided:**
* Guidance on claiming dividends and shares unclaimed for over six years.
* On-the-spot KYC and nomination updates.
* Prompt resolution of claim-related issues.
* Processing of pending claims submitted to IEPFA.
* Direct facilitation of unpaid dividends and claims pending for over six to seven years.
* **Additional Information:**
* An explainer video conceptualized by CDSL IPF on claiming unpaid dividends through IEPFA was launched.
* Dedicated kiosks were set up by stakeholder companies and RTAs.
**Impact Analysis**
**Shareholders/Investors**
* **Impact:** Assisted in reclaiming unpaid dividends and unclaimed shares, facilitated direct interaction with officials, and eliminated the need for intermediaries.
* **Action Required:** Participate in similar events to reclaim unclaimed assets.
**SEBI & IEPFA**
* **Impact:** Advances their shared commitment to investor protection and financial empowerment.
* **Action Required:** Plan and conduct similar events in other cities with significant unclaimed investor assets.
**Market Infrastructure Institutions (MIIs) & Registrar and Transfer Agents (RTAs)**
* **Impact:** Collaboration and participation are essential for the success of the "Niveshak Shivir" and similar initiatives.
* **Action Required:** Continue to collaborate with SEBI and IEPFA in organizing and supporting such events to facilitate investor claims.
Key Entities Referenced
Investor Education and Protection Fund Authority (IEPFA): An authority that jointly organized the 'Niveshak Shivir' with SEBI to assist shareholders in reclaiming unpaid dividends and unclaimed shares.
Securities and Exchange Board of India (SEBI): A regulator that jointly organized the 'Niveshak Shivir' with IEPFA to assist shareholders in reclaiming unpaid dividends and unclaimed shares.
Niveshak Shivir: An investor outreach initiative organized to assist shareholders in reclaiming unpaid dividends and unclaimed shares.
Amritsar: The location where the 'Niveshak Shivir' was held.
PR No.72/2025
SEBI and IEPFA Conducted the third “Niveshak Shivir” at Amritsar - 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
third “Niveshak Shivir” at Amritsar, Punjab on November 01, 2025. 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) —BSE, NSE, CDSL & NSDL and Registrar and Transfer Agents (RTAs) -KFin
Technologies Ltd., MUFG Intime India Pvt. Ltd., & Bigshare Services Pvt. Ltd.
The day-long Shivir witnessed enthusiastic participation from over 223 investors and
claimants from Amritsar and surrounding areas. The event featured 17 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
Page 1 of 2The 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
addressed IEPFA claim issues. Dedicated kiosks were set up by stakeholder
companies and RTAs, allowing investors to interact directly with officials and eliminate
the need for intermediaries.
The event was graced by Smt. Anita Shah Akella, CEO of IEPFA and Joint Secretary,
Ministry of Corporate Affairs; Shri Binod Sharma, General Manager, SEBI; Lt. Col
Aditya Sinha, General Manager, IEPFA; along with other senior officials from SEBI,
IEPFA, MIIs, and RTAs.
Additionally, SEBI and IEPFA, in collaboration with other MIIs, launched an insightful
explainer video conceptualized by CDSL IPF “Understanding the Process of Claiming
Unpaid Dividends through IEPFA”.
This third 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
November 11, 2025
Page 2 of 2