Bengaluru: The Investor Education and Protection Fund Authority organised a Niveshak Shivir in Bengaluru on January 3 to help investors resolve unclaimed dividend, share and IEPFA claim issues.
IEPFA conducted the one-day camp with the Securities and Exchange Board of India and Market Infrastructure Institutions. As a result, investors received a single-window platform for grievance redressal and claim assistance.
More than 900 investors and claimants from Bengaluru and nearby areas attended the camp. They received direct support for long-pending claims, KYC updates and nomination corrections.
Senior officials from IEPFA, SEBI, MIIs and Registrars and Transfer Agents participated in the programme. Notably, IEPFA CEO and Joint Secretary Anita Shah Akella attended the event along with senior officials from SEBI, IEPFA, CDSL and the BSE.
Officials said the camp allowed investors to interact directly with company representatives and RTAs. Therefore, the process removed intermediaries and reduced delays in claim resolution.
Niveshak Shivir strengthens IEPFA investor outreach
During the event, IEPFA launched an explainer booklet titled A Complete Guide to IEPFA Claims and Investor Services. The booklet aimed to improve investor awareness and simplify claim procedures.
In addition, stakeholder companies and RTAs set up dedicated kiosks at the venue. These kiosks addressed unclaimed dividends and shares pending for over six to seven years.
Many participants said the camp resolved issues that usually took several months. Consequently, investors appreciated the initiative for its speed and transparency.
Officials said the Bengaluru camp followed similar Niveshak Shivir programmes held earlier in Pune, Hyderabad, Jaipur and Amritsar. Moreover, the series targets cities with large volumes of unclaimed investments.
IEPFA said the initiative reaffirmed its commitment to an investor-centric and transparent financial ecosystem. The authority added that such camps helped protect investor interests and build public trust.
The Ministry of Corporate Affairs-backed body said it would continue organising Niveshak Shivir camps across the country to expand investor awareness and protection.
