SEBI, IEPFA to organise Niveshak Shivir in Bengaluru on January 3

SEBI, IEPFA to organise Niveshak Shivir in Bengaluru on January 3

Market regulator Securities and Exchange Board of India (SEBI), along with the Investor Education and Protection Fund Authority (IEPFA) under the Ministry of Corporate Affairs, will organise the fifth edition of Niveshak Shivir in Bengaluru on January 3, as part of efforts to help investors resolve issues related to unclaimed dividends and shares.

The investor facilitation camp will be held in collaboration with Market Infrastructure Institutions (MIIs) and Registrar and Transfer Agents (RTAs). Participating MIIs include BSE, NSE, CDSL and NSDL, while RTAs such as KFIN Technologies, MUFG Intime India, Bigshare Services, Datamatics Business Solutions and Purva Sharegistry India will also take part.

According to SEBI, the Niveshak Shivir aims to facilitate the transfer of unpaid dividends of up to seven years, assist investors in updating KYC and nomination details with companies, and help resolve pending claims relating to unclaimed and unpaid shares and dividends lying with the IEPFA.

The one-day event will be held at Y. Muniswaamappa Kalyaana Mantapa on Tumkur Road near Gopal Theatre in Yeswanthpur, Bengaluru, and will run from 10 am to 4 pm.

SEBI has advised shareholders or their authorised representatives attending the camp to carry valid government-issued identification documents such as PAN card, voter ID or driving licence for verification. Registration and additional details are available through the Press Information Bureau.

The Niveshak Shivir initiative is part of SEBI’s broader investor protection framework aimed at easing procedural bottlenecks and enabling faster resolution of long-pending investor claims. The first such Shivir was organised in June last year in Pune and thereafter it is being organised in various cities based on the number of investor issues raised.