Description

Joint investor education event to facilitate unpaid dividend transfers, KYC updates, and IEPFA claims resolution.

Summary

SEBI and IEPFA are jointly organizing the second “Niveshak Shivir” in Hyderabad on August 30, 2025, in collaboration with Market Infrastructure Institutions and RTAs. The event aims to help investors with unpaid dividend transfers, KYC updates, and IEPFA claims resolution.

Key Points

  • Joint initiative by SEBI and Investor Education and Protection Fund Authority (IEPFA)
  • Second such event being organized
  • Participating MIIs: NSE, BSE, NSDL, CDSL
  • Participating RTAs: KFIN Technologies, MUFG Intime India, Bigshare Services, Datamatics Business Solutions, Purva Sharegistry India
  • Venue: Haryana Bhavan, Secunderabad, Hyderabad
  • Registration required through Public Notice

Regulatory Changes

No regulatory changes announced. This is an educational and facilitation event.

Compliance Requirements

  • Shareholders must bring official government documents (Voter ID, PAN card, Driver’s license) for entry
  • Registration required for participation
  • No specific compliance obligations for entities

Important Dates

  • Event Date: August 30, 2025
  • Time: 10:00 AM to 4:00 PM
  • Location: Haryana Bhavan, 1-8-179, Sarojini Devi Rd, Near HDFC Bank, Jogani, Ramgopalpet, Secunderabad, Hyderabad, Telangana 500003

Impact Assessment

Positive impact for individual investors holding unclaimed dividends or facing KYC-related issues. The event provides direct assistance for:

  • Transfer of unpaid dividends held for 6-7 years
  • KYC and nomination updates with companies
  • Resolution of pending IEPFA claims for unclaimed shares and dividends

No direct market impact expected, but improved investor participation and claim resolution may have long-term positive effects on market confidence.

Impact Justification

Educational event with practical benefits for investors but no regulatory changes or market-wide impact