Central Depository Services (India) Limited — Others, 14-11-2024: Shareholders meeting

Central Depository Services (India) Limited has announced a board meeting regarding a Postal Ballot Notice to seek member approval for ratifying the appointment and remuneration of Shri Nehal Vora as Managing Director & CEO. The board has recommended a fixed pay of ₹3.69 crore for Vora, reflecting his contributions and experience in the Indian Securities Market, particularly as CDSL's leader in fostering significant growth. The e-voting period for this resolution will commence on November 15 and conclude on December 14. This decision may bolster investor confidence in CDSL's management stability and strategic direction, signaling a positive outlook for the company.