More approachable, claimant-friendly: IEPFA reaches out to investors

During the financial year 2021-22, the IEPFA settled 26,044 claims and distributed 61,21,291 shares and dividends worth Rs 10,85,53,066 to the rightful claimants

The Investor Education and Protection Fund Authority (IEPFA) is coming up with a raft of measures, including holding an investors' appeals event, to make it more approachable and claimant-friendly, besides resolving some of its systemic issues, according to official sources.

The IEPFA would be conducting “Niveshak Sunwai” (investors' appeals)  on August 12 to have a first-hand understanding of problems of the claimants . The Finance Minister had also directed officials to listen to the claimants and resolve their issues.

A team of IEPFA officials led by the CEO would visit Mumbai on August 12 as part of