The Securities and Exchange Board of India (SEBI) on March 19, 2025, notified regarding the partnership with DigiLocker to Reduce Unclaimed Assets in the Indian Securities Market.
The following has been stated namely: -
• SEBI has announced a partnership with DigiLocker to address the issue of unclaimed assets in the Indian securities market.
• This collaboration aims to streamline investor documentation by leveraging DigiLocker's digital infrastructure, enhancing accessibility, and managing securities-related information.
• By integrating DigiLocker, SEBI seeks to minimize unclaimed assets, promote transparency, and improve investor participation in the securities market.
[Press release no. PR No.13/2025]