Niveshak Shivir organized to assist shareholders (UPDATED)

Bhopal: Under the aegis of the Securities and Exchange Board of India (SEBI), Investor Education and Protection Fund Authority, Ministry of Corporate Affairs, jointly organised Niveshak Shivir (investor’s camp) in Bhopal on 5 June. This outreach initiative aimed to assist shareholders in reclaiming unpaid dividends and unclaimed shares, thereby reducing the volume of unclaimed investor assets in the system, while also empowering investors to safeguard their investments. The awareness drive, themed ‘Niveshak Shivir’, focused on guiding participants through the process of reclaiming unpaid dividends and unclaimed shares. The Shivir was organized in collaboration with leading Market Infrastructure Institutions (MIIs) including BSE, NSE, NSDL and the Registrar and Transfer Agents (RTAs) – KFin Technologies Limited, Purva Sharegistry India Private Limited and MUFG Infoline Private Limited. To provide holistic assistance, the event featured 23 dedicated service desks offering end-to-end support on: 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 queries; processing of pending claims submitted to IEPFA; the day-long event witnessed around 200 investors and claimants from Bhopal and surrounding locations. Attendees included Investors, entrepreneurs, retail investors, and corporate professionals. The event was graced by Binod Sharma, General Manager, SEBI; along with other senior officials from SEBI, IEPFA, MIIs, and RTAs. Additionally, IEPFA and SEBI, along with other MIIs, launched an insightful Investor Guide developed by CDSL. The guide provides a step-by-step process to help investors resolve their queries related to the claims process. Throughout the day, sessions focused on addressing the issue of unclaimed investor assets, with SEBI and IEPFA jointly extending support and resources to simplify the claims process and raise investor awareness to empower the Atma Nirbhar Investor

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