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Central Depository Services (India) Limited — Regulatory Filings 2022
Aug 4, 2022
62111_rns_2022-08-04_219e2618-532c-4cbd-af1d-28b4b11fa284.pdf
Regulatory Filings
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Central Depository Services (India) Limited
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CDSL/CS/NSE/UM/2022/141 August 04, 2022
The Manager, Listing Compliance Department, National Stock Exchange of India Ltd, Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai – 400051.
Symbol: CDSL
ISIN: INE736A01011
- Sub: Media Release - Central Depository Services (India) Limited [“CDSL”] becomes the first depository to open 7 crore active Demat accounts.
Re: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Madam / Sir,
We are pleased to inform you that CDSL becomes the first depository to open 7 crore plus active demat accounts. Enclosed herewith a copy of the media release for the same.
The above information is also available on the website of the Company: www.cdslindia.com.
This is for your information and records.
Thanking you, Yours faithfully,
For Central Depository Services (India) Limited
NILAY Digitally signed by NILAY RAJENDR RAJENDRA SHAH Date: 2022.08.04 A SHAH 15:38:55 +05'30'
Nilay Shah
Group Company Secretary & Head Legal Encld: As above
Regd. Office: Marathon Futurex, A Wing, 25th Floor, Mafatlal Mills Compound, N M Joshi Marg, Lower Parel (E), Mumbai - 400 013. Phone: 91-22-2302 3333 • Fax: 91-22-2300 2036 • CIN: L67120MH1997PLC112443 Website: www.cdslindia.com
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Media Release
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CDSL becomes the first depository to open 7-crore active Demat accounts
Mumbai, August 4, 2022: Central Depository Services (India) Limited (CDSL), first and only listed depository in India, is pleased to announce the crossing of another noteworthy milestone today, as the seven crore (70 million) plus active demat account were opened at CDSL.
CDSL is currently the largest depository in the country in terms of active demat accounts.
Commenting on the joyous occasion, Shri Nehal Vora, MD & CEO of CDSL stated: “ We are delighted to see that investors across various states and union territories are now contributing to India’s growth story. Moreover, it is our pride that so many investors have chosen to use CDSL as a medium in their wealth creation journey!
As CDSL crosses another milestone of 7 crore demat accounts, it is not just encouraging for us but the entire ecosystem of Indian securities market. We would like to extend our appreciation to the investors for their ongoing support which helped make this achievement possible. In addition, this is an accomplishment that would not have been possible without the guidance of the regulator and the support of the market infrastructure institutions, market intermediaries and the employees of CDSL.
We are dedicated to making the process of using a demat account - seamless and effortless. Our goal is to empower every investor to be self-sufficient - an Atmanirbhar Niveshak through our digital services.”
About CDSL:
Central Depository Services (India) Limited (CDSL) is India’s leading and only listed depository, with an objective of providing convenient, dependable and secure depository services at affordable cost to all market participants. CDSL received its certificate of commencement of business from SEBI in February 1999 and it facilitates holding and transacting in securities in the electronic form and facilitates settlement of trades on stock exchanges.
CDSL maintains and services 7 crore+ Demat accounts of Investors or Beneficial Owners (BOs) spread across India. These BOs are serviced by CDSL’s 580+ Depository Participants (DPs) from over 20700+ locations.
CDSL’s enduring focus on delivering quality services and innovative products has propelled it on a high-growth path in recent years. Since the financial services industry has become increasingly IT-reliant, cutting-edge technology is at the heart of CDSL’s strategic vision. Major shareholders of CDSL include BSE, Standard Chartered Bank, PPFAS Mutual Fund, LIC and Canara Bank.
CDSL along with its subsidiaries also provides a host of services to the financial intermediaries and markets, these include:
● CDSL Ventures Limited (CVL) is a wholly owned subsidiary of CDSL and the 1st and largest KYC Registration Agency (KRA). CVL conceptualised, designed and implemented the KRA system in association with AMFI for all mutual funds in 2008. CVL also provides services relating to Registrar & Share Transfer Agent (RTA),
GST Suvidha Provider (GSP), Academic Depository and performing de-duplication of claims of Pradhan Mantri Jeevan Jyoti Bima Yojna.
● CDSL Insurance Repository Limited (CDSLIR) is a company registered under the Companies Act, 1956. CDSL IR has received registration certificate from Insurance Regulatory and Development Authority of India (IRDAI) to act as an ‘Insurance Repository’ under the Guidelines on Insurance repositories and electronic issuance of insurance policies dated 29th May 2015.
● CDSL Commodity Repository Limited (CCRL) allows the Farmer, Farmers Producer Organizations (FPOs), Manufacturers, etc., to obtain electronic warehouse receipts (negotiable or non-negotiable) [eNWRs or eNNWRs] in a demat account against deposit of commodities in any of the warehouses registered with Warehousing Development and Regulatory Authority (WDRA).
Media Contacts
Sandhya Dubey [email protected]
Banali Banerjee [email protected]