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In February 1999, CDSL received certificate of commencement of business from Securities and Exchange Board of India . On June 30, 2017, CDSL was listed on the National Stock Exchange through Initial Public Offer making it the first and the only depository to get listed in Asia-Pacific region and only the second depository in the World to achieve this milestone.
CDSL was initially promoted by BSE Ltd. Currently, the top shareholders are BSE Limited, Standard Chartered Bank, PPFAS Mutual Fund, HDFC Bank and LIC.CDSL has in place, a robust infrastructure system with multiple back-up levels and has implemented world class information security and cyber security practices. It is thanks to the depository system that paper-based certificates, which were prone to be fake, forged and, counterfeit, resulting in bad deliveries have effectively been eliminated. CDSL offers an efficient and instantaneous transfer of securities held in electronic form in demat accounts.
Today, CDSL is an important part of the Indian Financial Ecosystem and is classified as a Market Infrastructure Institute , providing convenient, dependable, and secure depository services at affordable cost to all market participants.
