About Investor Education and Protection Fund Authority (IEPFA)
- The Investor Education and Protection Fund Authority (IEPFA) was established in 2016 under the Companies Act, 2013.
- It manages the Investor Education and Protection Fund (IEPF) and promotes investor awareness and financial protection.
- Nodal Ministry: Ministry of Corporate Affairs
- The IEPF consists of amounts that remained unclaimed for 7 years, including:
- Unpaid dividends,
- Application money is due for refund,
- Matured deposits and debentures,
- Interest on investments from the fund,
- Grants or donations received from the government or other entities.
IEPFA’s ‘Niveshak Shivir’ Initiative
- ‘Niveshak Shivir’ is a joint initiative of IEPFA and SEBI launched to simplify the process of reclaiming unclaimed dividends and shares.
- The camps will feature one-stop kiosks set up by companies and RTAs in cities with large numbers of unclaimed dividend holders, starting with Mumbai and Ahmedabad in May 2025.
- Investors can update KYC and nominations, verify claim status, and get real-time grievance redressal at these camps.
- The initiative aims to reduce investor dependence on intermediaries, thereby minimising fraud and misinformation risks.
A QR-code-based Google Form will be used for pre-registration, supported by the regional offices of ICAI and SEBI.
