cdsl demat: CDSL becomes the first repository with 7 active demat accounts

India’s first and only listed depository on Thursday announced that it has passed the milestone of having more than seven active crore demat account. CDSL is currently the largest depository in the country in terms of operations demat Accounts.

“We are delighted to see that investors across multiple states and union territories are now contributing to India’s growth story. Furthermore, it is our pride that so many investors have chosen to use CDSL as a vehicle in their wealth creation journey,” said CDSL MD and CEO Nehal Vora, at the same time. adds that they are dedicated to making the demat account usage process seamless and effortless.

“Our goal is

every investor must be self-sufficient – Atmanirbhar Niveshak through our digital services,” he said in a statement.

CDSL, which facilitates the holding and trading of securities in electronic form and facilitates the settlement of transactions on stock exchanges. Demat accounts are served by over 580 depository participants (DPs) of CDSL from over 20,700 locations.

The main shareholders of CDSL include BSE, Standard Chartered Bank, PPFAS Mutual Fund,

and .

Shares of CDSL, listed on the NSE, ended today 2% lower at Rs 1,137.50.

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