Urgent Reminder: Karvy Stock Broking Investors Must File Claims by June 2, 2025
Bengaluru: The Securities and Exchange Board of India (SEBI) has issued a reminder to investors of Karvy Stock Broking Ltd (KSBL), a defaulted broker, to file their claims before the looming deadline of June 2, 2025. KSBL was declared a defaulter by the National Stock Exchange (NSE) on November 23, 2020, for misappropriating clients’ funds.
Who Can File a Claim?
- Clients with unpaid funds or securities due from KSBL
- Beneficial owners whose securities were pledged or sold without consent
- Legal heirs of deceased investors with outstanding dues
- Investors whose arbitration awards in their favor remain unpaid
How to File a Claim?
Investors can file their claims online on the NSE website before the stipulated deadline. For assistance, investors can reach out to NSE by calling its toll-free number 1800 266 0050 (select IVR option 5) or by emailing at defaultisc@nse.co.in.
Important Deadline: June 2, 2025, is the last date for filing or updating claims. Investors are urged to take note of this critical deadline to ensure their claims are considered.
