SEBI extends Karvy Stock Broking investor claim deadline to March 2026

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News18•10-12-2025, 05:16
SEBI extends Karvy Stock Broking investor claim deadline to March 2026
- •SEBI extended the deadline for investors of bankrupt Karvy Stock Broking Limited (KSBL) to file claims until March 31, 2026.
- •KSBL was declared bankrupt in November 2020 after misusing clients' shares to secure loans worth approximately ₹2,873 crore.
- •The scam affected around 95,000 investors, with funds diverted to other Karvy group entities.
- •Approximately 83,000 investors have already received their money back following SEBI's intervention.
- •Investigations into the fraud and money laundering are ongoing by the Enforcement Directorate, CBI, and police.
Why It Matters: Karvy investors get more time to claim their money from the bankrupt firm.
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