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.