Answer: Securities and Exchange Board of India (SEBI) and Investor Education and Protection Fund Authority (IEPFA)
Notes: The Investor Education and Protection Fund Authority (IEPFA) and the Securities and Exchange Board of India (SEBI) launched the “Niveshak Shivir” initiative to help investors reclaim unclaimed dividends and shares. This nationwide program offers direct support to investors, making it easier to recover unclaimed assets. IEPFA provides a digital tool for tracking shares and filing claims. The initiative includes on-ground helpdesks for investors to interact with company representatives. It aims to reduce reliance on intermediaries, increase transparency, and improve financial literacy. The program also speeds up the resolution of investor grievances.
