PR No. 81/2025; Dated: 09.12.2025
1. Objective of the Initiative
The Securities and Exchange Board of India (SEBI) and the Investor Education and Protection Fund Authority (IEPFA) jointly conducted the fourth “Niveshak Shivir” in Jaipur. The programme is part of a nationwide outreach initiative aimed at:
- Reducing the stock of unclaimed assets, unpaid dividends, and unclaimed shares, and
- Facilitating timely resolution of pending investor claims
The event underscores SEBI’s and IEPFA’s commitment to improving investor protection, financial inclusion, and grievance redressal efficiency.
2. Facilitation for Long-Pending Claims
The Shivir specifically catered to:
- Unpaid dividend claims
- Unclaimed shares and securities
- Claims that have been pending for six to seven years or more, due to incomplete documentation or procedural delays
A dedicated facilitation setup allowed participants to directly submit documentation, clarify procedural requirements, and obtain on-site support to expedite processing.
3. On-the-Spot KYC and Nomination Updates
To minimise future investor grievance and settlement hurdles, the programme also provided:
- Instant KYC updation
- Nomination updates for demat and folio accounts
- Support for correction of personal details or record discrepancies
These on-the-spot services helped investors regularise account information, a key prerequisite for settlement of unclaimed dividends and shares.
4. Resolution of IEPFA Claim Issues
Investor participants received assistance with:
- IEPFA Form submission
- Reconciliation of multiple claim filings
- Clarification of documentation sufficiency
- Support for signature, affidavit or indemnity requirements
- Process guidance for dematerialisation or transmission-related claims
This structured support addressed systemic bottlenecks and improved claim turnaround time.
5. Participation and Outreach Impact
The day-long Shivir witnessed strong investor engagement, with more than 301 investors and claimants participating from Jaipur and nearby regions. The scale of participation reflects:
- High demand for simplified claim resolution
- Awareness of investor grievance mechanisms
- Greater confidence in collaborative facilitation between SEBI, IEPFA, RTAs and market intermediaries
6. Broader Policy Significance
The Niveshak Shivir initiative is expected to:
- Help reduce the growing pool of unclaimed financial assets
- Strengthen investor education and documentation discipline
- Encourage timely KYC updates and nomination filings
- Build digital and procedural access to financial entitlements
- Improve the efficiency of IEPFA claim processing and record validation
Together, these efforts enhance investor protection and capital market trust, especially among retail investors and heirs pursuing legacy claims.
Click Here To Read The Full Press Release
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