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EconomyPIB3 June 2026

IEPFA and SEBI to Organise 'Niveshak Shivir' in Bhopal on 5th June

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๐Ÿ“Œ Summary:

  • Investor Education and Protection Fund Authority (IEPFA), under Ministry of Corporate Affairs, and Securities and Exchange Board of India (SEBI) to organise day-long 'Niveshak Shivir' in Bhopal on 5 June 2026 (10 AM to 4 PM)
  • Functions as one-stop facilitation platform for investors to resolve issues related to unclaimed dividends and shares; on-ground grievance redressal
  • Services on offer: (1) direct facilitation for recovery of unclaimed dividends and shares held for 6โ€“7 years; (2) on-the-spot KYC updation and nomination-related services; (3) immediate resolution of pending IEPFA claim-related issues
  • Direct, intermediary-free engagement model linking investors, companies, and Registrars and Transfer Agents (RTAs)
  • Dedicated service kiosks set up at venue to ensure prompt grievance redressal
  • Stakeholder companies with substantial unclaimed dividend accounts will participate
  • Part of IEPFA's nationwide investor outreach for financial literacy, transparency, and reclaiming unclaimed investments
  • Registration: www.iepf.gov.in; Venue: Vrindavan Garden, Hoshangabad Road (NH-12), Bhopal

๐ŸŽฏ UPSC Relevance: GS2 (Statutory bodies โ€” IEPFA and SEBI; Companies Act 2013 framework; investor protection mechanisms); GS3 (Indian Economy โ€” capital markets, financial literacy, investor protection, financial inclusion)

๐Ÿ“ Prelims Facts:

  • IEPFA: statutory authority established under Section 125 of Companies Act 2013; under Ministry of Corporate Affairs; administers Investor Education and Protection Fund (IEPF)
  • SEBI: established 1988; statutory status from 1992 under SEBI Act; regulator of securities market
  • Unclaimed dividends/shares are transferred to IEPF after 7 consecutive years of non-claim
  • IEPFA portal: www.iepf.gov.in
  • Niveshak Shivir model: direct, intermediary-free engagement at city level
  • Venue: Bhopal, Madhya Pradesh; Date: 5 June 2026

๐Ÿ”‘ Key Term: Investor Education and Protection Fund (IEPF) โ€” fund created under Section 125 of Companies Act 2013, into which unclaimed dividends, matured deposits, debentures, and shares are transferred after 7 years; managed by IEPFA, an autonomous body under Ministry of Corporate Affairs.

SEBIIEPFANiveshak ShivirInvestor ProtectionCompanies Act

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