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CDSL Share Price in Focus; Gets SEBI Nod to Set Up CVL Business Unit at GIFT-IFSC

Written by: Neha DubeyUpdated on: 14 Aug 2025, 8:09 pm IST
CDSL gains SEBI nod for subsidiary CVL to open KYC Registration Agency unit at GIFT-IFSC, boosting its presence in global financial hub.
CDSL Share Price in Focus; Gets SEBI Nod to Set Up CVL Business Unit at GIFT-IFSC
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Central Depository Services (India) Ltd (CDSL) announced that its wholly owned subsidiary, CDSL Ventures Ltd (CVL), has received a No Objection from the Securities and Exchange Board of India (SEBI) to set up a new business unit at the Gujarat International Finance Tec-City International Financial Services Centre (GIFT-IFSC).

The clearance, granted through SEBI’s letter dated August 11, 2025, and received by CVL on August 13, 2025, allows the company to expand operations into one of India’s fastest-growing international finance hubs.

About the New Unit

  • Entity: CDSL Ventures Ltd (CVL), a SEBI-registered KYC Registration Agency (KRA) and wholly owned subsidiary of CDSL.
  • Location: GIFT-IFSC, Gujarat.
  • Regulatory Registration: The unit will be registered with the International Financial Services Centres Authority (IFSCA) as a KRA.
  • Purpose: To enhance CDSL’s KYC services reach and cater to financial institutions and investors operating in the IFSC ecosystem.

Significance of the Move

The establishment of a business unit in GIFT-IFSC marks CDSL’s entry into a globally competitive financial zone that offers strategic benefits like ease of cross-border transactions, regulatory flexibility, and proximity to international investors.

By setting up a KRA within IFSC, CDSL can directly service the growing base of global and domestic entities engaging in capital market activities from the zone.

Read More: NSDL vs CDSL: Post-Listing Showdown as NSDL Soars 33% in 2 Days.

Conclusion

With SEBI’s go ahead, CDSL Ventures Ltd is poised to strengthen its footprint in the financial services sector by extending KYC services to the GIFT-IFSC ecosystem. This expansion reflects CDSL’s strategy to align with India’s vision of developing GIFT City as a global financial hub.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Aug 14, 2025, 2:34 PM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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