CDSL Registers Over 15 Crore Demat Accounts

Central Depository Services (India) Limited (CDSL) has achieved a significant milestone by becoming the first depository in India to register over 15 crore (150 million) demat accounts. This achievement cements CDSL’s role as a pivotal institution in the Indian capital markets, facilitating seamless digital transactions and financial inclusion.

CDSL’s share price has slipped below ₹1,200 as of 9:32 AM, trading down 3.56% on the NSE amid a fragile market.

About CDSL: Pioneering Depository Services in India

Established in 1999, CDSL has consistently aimed to provide secure, efficient, and reliable depository services to investors across India. Over the past 25 years, the company has played a crucial role in modernising the capital markets by enabling electronic holding and transactions of securities.

As a Market Infrastructure Institution (MII), CDSL supports various capital market participants, including depository participants, issuers, investors, registrars and transfer agents (RTAs), clearing corporations, and stock exchanges. The depository’s robust infrastructure ensures safe and seamless transactions for investors nationwide.

The Only Listed Depository in Asia

CDSL holds a unique position as the only publicly listed depository in Asia. With over 570+ depository participants and an ever-expanding network, it has successfully integrated cutting-edge technology to enhance market efficiency.

Its commitment to innovation and excellence has earned it prestigious accolades, including:

• ‘Market Infrastructure of the Year’ at the 7th Regulation Asia Awards for Excellence 2024.
• ‘CSD of the Year’ at the Asset Service Times – Industry Excellence Award 2023.
• Several other industry recognitions for business transformation and market innovation.

CDSL’s Subsidiaries: Strengthening Financial Infrastructure

Beyond its core depository services, CDSL has diversified its offerings through key subsidiaries that provide essential financial services:

• CDSL Ventures Limited (CVL): India’s first and largest KYC Registration Agency (KRA), also offering services such as Registrar & Share Transfer Agent (RTA), GST Suvidha Provider (GSP), and Academic Depository.
• Centrico Insurance Repository Limited (CIRL): A certified Insurance Repository under the IRDAI, facilitating seamless management of insurance policies in digital form.
• Countrywide Commodity Repository Limited (CCRL): Provides electronic warehouse receipts (eNWRs or eNNWRs) for commodities stored in WDRA-registered warehouses, supporting farmers, farmer producer organisations (FPOs), and manufacturers.

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