tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

CDSL Ventures to Establish New Unit in GIFT-IFSC

Story Highlights
CDSL Ventures to Establish New Unit in GIFT-IFSC

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Central Depository Services (India) Limited ( (IN:CDSL) ) just unveiled an announcement.

CDSL has announced that its subsidiary, CDSL Ventures Limited (CVL), has received a ‘No Objection’ from SEBI to establish a new business unit in the GIFT-IFSC. This development is significant as it positions CVL to expand its operations internationally within the International Financial Services Centre, enhancing its service offerings and potentially increasing its market reach.

More about Central Depository Services (India) Limited

Central Depository Services (India) Limited (CDSL) operates in the financial services industry, providing depository services and is known for its role in facilitating the holding and transacting of securities in electronic form. CDSL Ventures Limited (CVL), a wholly owned subsidiary of CDSL, functions as a SEBI-registered KYC Registration Agency.

Average Trading Volume: 4,755,966

Technical Sentiment Signal: Buy

Current Market Cap: 322.2B INR

For an in-depth examination of CDSL stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1