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An update from Central Depository Services (India) Limited ( (IN:CDSL) ) is now available.
Central Depository Services (India) Limited has announced that its subsidiary, Centrico Insurance Repository Limited, has received a first tranche allotment of equity shares in RIX Systems & Solutions Private Limited, following earlier regulatory approval from SEBI for this investment. The step marks a concrete move in CDSL’s strategy to expand its footprint in technology and insurance repository services, potentially strengthening its role in India’s financial infrastructure ecosystem and deepening its presence in allied digital record-keeping domains.
The company disclosed that the equity shares were allotted by RIX to Centrico Insurance Repository Limited on May 8, 2026, and confirmed that the disclosure is made under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements. This phased investment signals ongoing collaboration between CDSL’s subsidiary and RIX, which could enhance operational capabilities and offer new avenues for product and service integration in the financial and insurance technology space.
More about Central Depository Services (India) Limited
Central Depository Services (India) Limited is a securities depository operating in India, providing depository, record-keeping and related market infrastructure services to capital market participants. Through its subsidiary Centrico Insurance Repository Limited, the company also extends repository and technology-enabled solutions to the insurance sector, supporting digital record management and regulatory compliance.
Average Trading Volume: 2,076,197
Technical Sentiment Signal: Hold
Current Market Cap: 263.2B INR
For a thorough assessment of CDSL stock, go to TipRanks’ Stock Analysis page.