The Investor Education and Protection Fund Authority (IEPFA), in collaboration with SEBI, has announced the launch of its pilot initiative "Niveshak Shivir".
The initiative is designed to serve as a one-stop solution for investors seeking to resolve issues related to unclaimed dividends and shares.
It is also providing direct access to investor services.
The total number of unclaimed shares lying with the IEPFA is over 1.1 billion, valued about Rs 1 lakh crore.
The total value of unclaimed dividends at about Rs 6,000 crore.