Over 100 mid-cap and small-cap companies that are listed on the NSE & BSE mention the Investor Education and Protection Fund Authority (IEPFA) as a stakeholder. The IEPFA openly held 116 equities with a net worth of Rs 1,720 crore as of June 30, according to Trendlyne data
Investor Education and Protection Fund: एनएसई और बीएसई पर 100 से अधिक मिड-कैप और स्मॉल-कैप सूचीबद्ध कंपनियों में एक असामान्य शेयरधारक का नाम सामने आ रहा है। यह शेयरधारक है कॉर्पोरेट मामलों के मंत्रालय का निवेशक शिक्षा और संरक्षण कोष प्राधिकरण (Investor Education and Protection Fund Authority)। आंकड़ों के मुताबिक, 30 जून तक IEPFA के पास सार्वजनिक रूप से 116 स्टॉक थे, जिनकी कुल वैल्यू 1,720 करोड़ रुपये थी।
#Sensex #NSE #BSE
~HT.99~PR.147~ED.148~
Investor Education and Protection Fund: एनएसई और बीएसई पर 100 से अधिक मिड-कैप और स्मॉल-कैप सूचीबद्ध कंपनियों में एक असामान्य शेयरधारक का नाम सामने आ रहा है। यह शेयरधारक है कॉर्पोरेट मामलों के मंत्रालय का निवेशक शिक्षा और संरक्षण कोष प्राधिकरण (Investor Education and Protection Fund Authority)। आंकड़ों के मुताबिक, 30 जून तक IEPFA के पास सार्वजनिक रूप से 116 स्टॉक थे, जिनकी कुल वैल्यू 1,720 करोड़ रुपये थी।
#Sensex #NSE #BSE
~HT.99~PR.147~ED.148~
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NewsTranscript
00:00 Investor Education and Protection Fund.
00:02 NSE and BSE have more than 100 mid-cap and small-cap
00:05 listed companies with an extraordinary shareholder.
00:10 This shareholder is the Minister of Corporate Affairs,
00:13 Education and Security Research, Pradhikaran,
00:16 i.e. Investor Education and Protection Fund Authority.
00:19 According to the figures, by 30 June,
00:20 IEPFA had a total of 116 stocks
00:24 worth Rs. 1720 crores.
00:28 Most of these are owned by small companies like
00:31 Stock Kriti Industries, Haryana Leather, Glance Finance,
00:33 and Zodiac JRD MKJ.
00:39 The big names, including IEPFA's shareholder
00:42 worth more than Rs. 50 crores,
00:44 include Capital Point, Kirloskar Brothers,
00:47 Aegis Logistics, Nesco, Bharat Rasayan,
00:50 and Ganesh Ecosphere.
00:53 As far as the biggest shareholder is concerned,
00:55 by the end of June, IEPFA has
00:58 more than 7% stake in National Plastic Industries,
01:00 Golconda Diamonds, IndoBorex, and BDH Industries.
01:07 Looking at the figures, it may seem that
01:09 the Ministry has also gone crazy
01:11 about the mid-cap of the last few months.
01:14 But it is not true.
01:16 This is an Investor Education and Security Fund.
01:19 This fund was created by the government
01:21 to ensure that the benefits not claimed by the shareholders
01:25 are kept in the fund.
01:29 And their use can be used for the protection
01:31 of investor awareness activities and their interests.
01:35 Here, besides dividends,
01:37 unclaimed shares are also kept.
01:39 According to a share market information,
01:41 the Company Regulation 2013 Section 124
01:45 requires the registration of all those shares
01:48 in which the benefits are not paid for 7 years
01:51 or more than that.
01:56 As a result, many companies,
01:58 especially listed companies,
02:00 which had a large share of pre-dematerialization
02:03 system shareholders,
02:05 had to transfer such shares to the fund.
02:10 To end the paper business,
02:12 the Indian government started the Demat Accounting Procedure
02:15 for business on exchanges in 1996.
02:17 In this, most shareholders
02:19 have dematted their shares in a formal way.
02:22 But some investors' shares have not been dematted yet.
02:26 Can investors claim to get these shares?
02:30 Yes, the shares with IAPFA are not theirs.
02:34 These shares are of investors.
02:36 But they have been kept here
02:38 because they did not get the right claim.
02:41 If investors claim and prove that these shares are theirs,
02:45 they will get them back.
02:47 To make such a claim,
02:49 according to the Ministry's website,
02:51 investors will have to submit a printout
02:53 of the form IEPF-5
02:55 filled with other signatures
02:57 to the Nodal officer in their registered office.
03:02 (gentle music)