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Central Depository Services incorporates wholly owned subsidiary company

31 Mar 2021 Evaluate

Central Depository Services (India) (CDSL) has incorporated a wholly owned subsidiary company ‘CDSL IFSC’ on March 30, 2021 having its registered office at GIFT City, Gandhinagar, Gujarat. The company has incorporated a wholly owned subsidiary company to undertake the activities as a depository in GIFT IFSC including that of a Foreign Depository as mandated by the regulators.

CDSL was set up with the objective of providing convenient, dependable and secure depository services at affordable cost to all market participants.

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