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Central Depository Services Limited is a Market Infrastructure Institution (MII), part of the capital market structure, providing services to all market participants - exchanges, clearing corporations, depository participants (DPs), issuers and investors. It is a facilitator for holding of securities in the dematerialised form and an enabler for securities transactions.
CDSL's subsidiary, Centrico Insurance Repository, secured approval for a Joint Venture with Shoveltech Solutions. This partnership includes a ₹0.25 Cr disbursement for developing a Minimum Viable Product.
CDSL submitted its FY25-26 Business Responsibility and Sustainability Report. A ₹3 crore financial disincentive was levied for past technical glitches. Operational highlights include significantly reduced beneficiary owner complaints and improved permanent employee retention, with turnover decreasing from 10.03% to 5.80%.
Central Depository Services (CDSL) announced the resignation of Shri N. Rangachary, Chairperson of its subsidiary, Centrico Insurance Repository Limited. The change is effective due to personal reasons.
CDSL's subsidiary, Centrico Insurance Repository Limited (CIRL), received the first tranche of equity shares from RIX Systems & Solutions Private Limited as part of its approved investment. This indicates progress in CDSL's strategic ventures.
CDSL's Board has shortlisted candidates for Executive Director roles (Vertical 1 & 2). These names are being proposed to SEBI for its final approval, a key step in strengthening the company's leadership.