New Delhi, 6 September 2025 — The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, has formed a high-level Committee to review existing procedural requirements and recommend reforms for simplifying documentation in low-value investor claim cases. This initiative aims to significantly reduce processing timelines, improve transparency, and provide hassle-free services to investors.
Committee Composition and Recommendations
The Committee comprised prominent representatives from the Ministry of Corporate Affairs, IEPFA, Securities and Exchange Board of India (SEBI), professional bodies such as the ICAI, ICMAI, and ICSI, and major industry associations including FICCI, PHDCCI, CII, and the Registrar Association of India (RAIN).
Among its key recommendations, the Committee suggested that, once adopted by IEPFA, the simplified procedures should apply to claims valued up to ₹5 lakh for physical securities, ₹15 lakh for demat securities, and dividends up to ₹10,000.
About IEPFA
Established in 2016, It manages the Investor Education and Protection Fund, focusing on refunding unclaimed shares, dividends, and matured deposits. The authority also promotes investor rights, financial literacy, and transparency in dealings to safeguard investor interests across India.
Impact and Significance
With over 1.1 billion unclaimed shares valued at about ₹1 lakh crore and unclaimed dividends worth approximately ₹6,000 crore held by IEPFA , the reforms are expected to streamline investor claims, facilitate faster refunds, and encourage investor confidence.
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Source: PIB
