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

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.

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