The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, government of India, in collaboration with the Securities and Exchange Board of India (SEBI), organised the “Niveshak Shivir” in Amritsar on November 1.
“The one-day camp witnessed enthusiastic participation from investors across Punjab and provided them with a single-window facilitation platform. This aimed to resolve issues related to unclaimed dividends, shares, and other investor services,” the Ministry of Corporate Affairs said on Sunday
The event was graced by Anita Shah Akella, CEO, IEPFA and Joint Secretary, Ministry of Corporate Affairs; Lt. Col Aditya Sinha, General Manager, IEPFA; Binod Sharma, General Manager, SEBI; and other senior officers of IEPFA, MIIs and RTA’s.
Over 223 claimants and investors from Amritsar and nearby regions actively participated in the event, which aimed to bring investor services closer to citizens through direct facilitation and on-the-spot assistance.
Following successful editions in Pune and Hyderabad, Amritsar became the next city to host this initiative, reaffirming IEPFA’s vision of building an investor-centric financial ecosystem across the nation. The camp served as an important milestone in ensuring that investors not only had their grievances addressed promptly but also gained deeper awareness of their rights and responsibilities.
The Niveshak Shivir enabled direct facilitation of unpaid dividends and claims pending for over six to seven years, provided on-the-spot KYC and nomination updates, and addressed IEPFA claim issues. Dedicated kiosks were set up by stakeholder companies and RTAs, allowing investors to interact directly with officials and eliminate the need for intermediaries.