IEPFA organises ‘Niveshak Shivir’ in Bengaluru to resolve unclaimed investment issues
The Niveshak Shivir series forms part of IEPFA’s nationwide outreach to strengthen investor awareness, safeguard financial interests and build trust in India’s financial ecosystem.
Over 900 investors access single-window facilitation for dividends, shares and pending claims
Bengaluru, January 6: The Investor Education and Protection Fund Authority, under the Ministry of Corporate Affairs, in collaboration with the Securities and Exchange Board of India and market infrastructure institutions, organised a “Niveshak Shivir” in Bengaluru on January 3, providing investors with a comprehensive, single-window platform to resolve issues related to unclaimed dividends, shares and pending IEPFA claims.
Held at Sri Y Muniswamappa Kalyaana Mantapa in Yeswanthpur, the one-day facilitation camp saw participation from investors across Karnataka, offering on-the-spot grievance redressal, claim facilitation and investor service assistance.
Senior officials engage with investors
The camp was attended by Anita Shah Akella, Chief Executive Officer, IEPFA and Joint Secretary, Ministry of Corporate Affairs; Krishnanand Raghavan, Chief General Manager, SEBI; Binod Sharma, General Manager, SEBI; Aditya Sinha, General Manager, IEPFA; CS Harisha, Assistant Vice President, Central Depository Services Limited; and Vinay Kumar from BSE, along with other senior officials from IEPFA, SEBI, market infrastructure institutions and registrars and transfer agents.
More than 900 investors and claimants from Bengaluru and nearby regions participated in the camp, benefiting from direct interaction with officials and companies to resolve long-pending cases.
Explainer booklet launched
IEPFA also launched an explainer booklet titled A Complete Guide to IEPFA Claims and Investor Services, aimed at improving investor awareness and enabling smoother claim resolution.
The Bengaluru camp enabled direct facilitation of unclaimed dividends and shares pending for over six to seven years, on-the-spot KYC and nomination updates, and resolution of pending IEPFA claims. Dedicated kiosks set up by stakeholder companies and registrars allowed investors to engage directly with officials, eliminating intermediaries from the process.
Nationwide outreach continues
Following earlier editions in Pune, Hyderabad, Jaipur and Amritsar, Bengaluru became the next city to host the initiative, reflecting IEPFA’s focus on cities with significant volumes of unclaimed investments. Participants widely appreciated the camp for its efficiency, transparency and effectiveness in resolving issues that often take months through conventional processes.
The Niveshak Shivir series forms part of IEPFA’s nationwide outreach to strengthen investor awareness, safeguard financial interests and build trust in India’s financial ecosystem.
