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NSDL & SEBI Redressal Framework
Direct Redressal Channels

Lodge & Escalate Investor Grievances

Fast, secure and structured portals to lodge, track, and resolve queries and disputes.

NSDL Grievance Portal

Direct online lodging of complaints with ticket generation & real-time audit trail.

Post to NSDL

Designated Grievance Email

Write directly to NSDL or Ratnakar Securities designated grievance desks.

relations@nsdl.com
Send Email

SEBI SCORES 2.0

SEBI Centralized Grievance System. Mandatory resolution timeline within 21 calendar days.

File on SCORES

SMART ODR Portal

Securities Market Approach for Resolution Through Online Dispute Resolution.

SMART ODR
Simplified Complaint Handling

Grievance Redressal Portal: Simplified Complaint Handling

A one-stop platform for investors to seek redressal of their queries and grievances. The queries or grievances can be filed under appropriate categories. Once the query/grievance is submitted by an investor, a unique ticket number is generated. Investors can track the status of their query/grievance at any time with the help of this ticket number. Investors sitting at home or office can lodge queries/grievances effortlessly through mobile or laptop.

Investor Support: Online Grievance Submission And Tracking

The grievance redressal portal eliminates the need for writing physical letters or repetitive emails. Instead, investors can conveniently lodge queries, complaints, and requests directly through NSDL’s website using their secure login credentials while maintaining a complete, transparent audit trail.

Escalation Mechanisms & Step-by-Step Procedures

Procedures for resolving escalated disputes through the Depository Grievance Redressal Committee or Arbitration.

Investor Grievance Redressal Committee (GRC) of Depository

If you receive no amicable resolution within the prescribed timeline, you have the option to escalate your grievance to NSDL’s Grievance Redressal Committee (GRC). Upon receipt of the reference, the GRC endeavors to resolve the dispute by hearing both parties and evaluating relevant documentation.

1

Log in to Investor's Grievance Portal

Visit the NSDL Grievance Redressal Portal using your authorized login credentials.

2

Select GRC Option

Click on the GRC tab at the top of the portal page and select 'Raise Complaint'.

3

Read & Acknowledge Disclaimer

Carefully read the disclaimer terms and click 'Yes' at the bottom of the page to proceed.

4

Fill Contact & Grievance Details

Complete all applicant details, DP information, and specify the grievance category.

5

Add Previous Complaint Reference

Provide your earlier complaint reference number (ensure the reference number is not older than 30 days).

6

Upload Supporting Documents

Attach relevant transaction records, correspondence, and evidence required for GRC assessment.

7

Save & Generate Reference Number

Verify all fields and click 'Save'. A unique reference number will be generated and emailed to you.

8

Review & Track Status

Monitor real-time progress and updates directly via your dashboard profile on the portal.

Official Contacts

Contact Persons for Grievance Redressal

Designated regulatory officers and grievance resolution cell details.

NSDL Investor Relationship Cell

National Securities Depository Limited

Designated Officer

Ms. Khilona Behera

Deputy Vice President

Address: 301, 3rd Floor, Naman Chamber, Plot C-32, G-Block, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra - 400 051.

Board: (022) 2499 4200
Helpline: 022-48867000

Ratnakar Securities Limited

Stock Broker & Depository Participant (DP)

Investor Grievance Officer

Kushal Shah

Company Secretary & Compliance Officer

Address: 304, Sankalp Square 2, Nr. Jalaram Temple, Paldi, Ahmedabad, Gujarat - 380006.

Phone: 079 4900 5200
Public Disclosures & Reports

Disclosures of Complaints, Arbitration & Penal Actions

Download official regulatory statements, periodic reports, and statutory inspection disclosures.

#Report / Disclosure TitleCategoryUpdated DateAction
1
Disclosure of complaints against National Securities Depository Limited (NSDL) for July 2026
Complaints against NSDL07-August-2026Download
2
Disclosure of complaints against National Securities Depository Limited (NSDL)
Complaints against NSDL07-July-2026Download
3
Report 3A : Penal Actions against Depository Participants (DPs) during 2025-26 (01/04/2025 to 31/03/2026)
Penal Actions against DPsJuly 1, 2026Download
4
Report 3B : Penal Actions against Depository Participants (DPs) during 2026-27 (01/04/2026 to 30/06/2026)
Penal Actions against DPsJuly 1, 2026Download
5
Disclosure on action taken against Depository Participants pursuant to Inspection
Penal Actions against DPsAugust 12, 2026Download
6
Enforcement action taken by NSDL against Depository Participants for non-compliances
Penal Actions against DPs04 October 2023Download
7
Report 2B : Details of Arbitration Proceedings (where BO is a party) during 2023-24 (01/04/2023 to 31/03/2024)
Details of ArbitrationApril 2, 2024Download
8
Report 2A : Details of Arbitration Proceedings (where BO is a party) during 2023-24 (01/04/2023 to 31/08/2023)
Details of ArbitrationApril 1, 2025Download
9
Report 1A: Complaints received against Depository Participants (DPs) during 2026-27
Investor Complaints & RedressalAugust 14, 2026Download
10
Type of Complaint & Status (ICAD Analysis)
Investor Complaints & RedressalDecember 2024Download
11
Report 4A : Redressal of Complaints lodged by investors against Listed Companies during 2025-26 (01/04/2025 to 31/03/2026)
Investor Complaints & RedressalJuly 1, 2026Download
12
Report 4B : Redressal of Complaints lodged by investors against Listed Companies during 2026-27 (01/04/2026 to 30/06/2026)
Investor Complaints & RedressalJuly 1, 2026Download
13
Report 1B : Redressal of Complaints received against Depository Participants (DPs) during 2025-26 (01/04/2025 to 31/03/2026)
Investor Complaints & RedressalJuly 1, 2026Download
14
Report 1C : Redressal of Complaints received against Depository Participants (DPs) during 2026-27 (01/04/2026 to 30/06/2026)
Investor Complaints & RedressalJuly 1, 2026Download
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