9 months ago
NSE Extends Deadline for Karvy Claims
The National Stock Exchange (NSE) in India has given more time to investors to file claims against Karvy Stock Broking Ltd., a company that did something wrong.
Originally, investors had until June 2, 2025, to file their claims, but now they have until March 31, 2026.
Karvy was declared a defaulter on November 23, 2020, because it did not follow the rules.
Investigators found that Karvy took client shares without permission and used them to get loans worth Rs 2,873 crore.
Investors can file their claims online or by sending a form to the NSE offices.
The NSE recommends using the online method for better tracking.
NSE extends deadline for filing claims against Karvy Stock Broking Ltd. to March 31, 2026.
Original deadline was June 2, 2025.
Karvy was declared a defaulter on November 23, 2020, for fraudulent activities.
Investors can file claims online or via physical forms sent to NSE offices.
Karvy obtained loans worth Rs 2,873 crore through illegal pledging of client shares.
- Who
- National Stock Exchange (NSE) and Karvy Stock Broking Ltd.
- What
- Extension of deadline for investors to file claims against Karvy Stock Broking Ltd.
- Where
- India, with claims to be filed at NSE offices or website.
- When
- Original deadline was June 2, 2025; extended to March 31, 2026.
- Why
- To allow more time for investors to file claims following the declaration of Karvy as a defaulter.
Key facts
- Original Deadline
- June 2, 2025
- New Deadline
- March 31, 2026
- Defaulter Declaration Date
- November 23, 2020
- Estimated Fraudulent Loans
- Rs 2,873 crore
- Claim Filing Methods
- Online or Physical
Quotes
National Stock Exchange
The National Stock Exchange is the leading stock exchange in India, providing a platform for trading and investment.
“However, the Exchange urges all claimants to make use of the online claim lodgement facility as mentioned above for better tracking of your claims.”
thehansindia.com
