CDSL Becomes First Depository to Register Over 15 Crore Demat Accounts

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Mumbai, February 12, 2025 – Central Depository Services (India) Limited (CDSL, NSE: CDSL) has announced a significant milestone by becoming the first depository in India to register more than 15 crore (150 million) demat accounts.

Key Highlights

  • CDSL, Asia’s first and only publicly listed depository, now manages over 15 crore demat accounts.
  • The company has more than 570+ depository participants, offering services across the Indian capital markets.
  • It has received multiple 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.

About CDSL

Founded in 1999, CDSL provides secure and technology-driven depository services, playing a crucial role as an Indian Market Infrastructure Institution (MII). It facilitates electronic holding, transaction processing, and settlement of securities for market participants, including:

  • Depository participants
  • Investors
  • Registrars & Transfer Agents (RTAs)
  • Clearing corporations
  • Stock exchanges

Subsidiaries and Additional Services

CDSL has expanded its market presence through wholly-owned subsidiaries, offering services in KYC, insurance, and commodities markets:
  • CDSL Ventures Limited (CVL) – India's first and largest KYC Registration Agency (KRA), also providing Registrar & Share Transfer Agent (RTA) services.
  • Centrico Insurance Repository Limited (CIRL) – An IRDAI-certified insurance repository for digital policy management.
  • Countrywide Commodity Repository Limited (CCRL) – Offers electronic warehouse receipts (eNWRs) for commodities stored in WDRA-registered warehouses, benefiting farmers, FPOs, and manufacturers.

Strategic Outlook

CDSL continues to leverage cutting-edge technology to support dematerialization and digital transformation in India’s capital markets. Its rapid expansion and technology-driven services position it as a key player in financial infrastructure.
 
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