Central Depository Services (India) Limited — Others, 18-07-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
18-07-2025 | 06:24 pm
18-07-2025 | 06:24 pm
CDSL has provided an update on a significant arbitration case. A claimant, Mr. Ketan Shah, has reinvoked his claim, seeking compensation for alleged losses tied to a brokerage's misdeeds with client securities. The specific monetary claims range from Rs. 33.90 Cr to Rs. 101.95 Cr, including interest, or alternatively, the restoration of securities. CDSL, after its assessment, believes this arbitration case and its potential outcome will not have any adverse material impact on the company's operations or financials. Investors should note this ongoing legal matter.
No comments yet. Be the first to comment!
All announcements from Central Depository Services (India) Limited
