ALPHA TRIBE

Central Depository Services (India) LimitedOthers, 29-05-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

29-05-2025 | 06:53 pm

CDSL has announced a board meeting to consider the financial results for the quarter and half-year. The company is involved in arbitration initiated by the Bulchandani family seeking indemnity for alleged misuse of client securities by a related broker, with claims around Rs. 19.3 Cr plus interest. CDSL believes this arbitration is unlikely to have a material adverse effect. This matter is important for shareholders as it concerns client asset security and potential financial exposure.

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