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FID Funds sells 7.58 lakh shares of CDSL

03 Oct 2017 Evaluate

FID Funds (Mauritius) has sold 7.58 lakh shares of Central Depository Services (CDSL). The fund house has offloaded these shares at Rs 344.74 per share on the NSE on September 29, 2017.

CDSL operates as a securities depository in India. It offers various services, such as account opening, dematerialization, processing delivery and receipt instructions, account statement, re-materialization, pledging, nomination, transmission of securities, change in address, bank account details and SMS services for depository participants.

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