Alphagraph | Central Depository Services (India) Ltd (NSE: CDSL)|Q4 FY23 Results Out|Total Income fell 3% YoY.

Central Depository Services (India) Ltd (NSE: CDSL) is a leading depository in India, providing electronic securities depository services to investors and issuers. It was established in 1999 and is headquartered in Mumbai. CDSL offers a wide range of services, including dematerialization of securities, settlement of trades, corporate actions, and pledge and hypothecation of securities. It is also the first depository in India to launch a facility for e-voting, enabling shareholders to vote on company resolutions online. CDSL has played a crucial role in the growth of the Indian securities market, enabling easier and more efficient access to securities for investors and reducing the costs and risks associated with physical share certificates. It is a trusted partner for investors, issuers, and intermediaries alike.