SEBI joins DigiLocker to reduce unclaimed assets

The partnership was revealed in a post by the National Stock Exchange (NSE) on the social media platform X.

“SEBI has partnered with DigiLocker to reduce unclaimed assets in the securities market and protect nominees’ interests,” said the exchange.

“A secure way to manage digital documents—built with investors in mind,” the NSE added.

To minimise unclaimed assets bought by investors in the capital markets, the capital markets regulator has taken several initiatives, such as mandating the submission of contact, to simplify the transmission process.