Central Depository Services (India) Limited — Others, 25-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
25-08-2025 | 06:28 pm
25-08-2025 | 06:28 pm
CDSL has disclosed a new arbitration proceeding initiated by Mr. Samir Shah. He is seeking indemnity for losses due to alleged misutilization of client securities by Anugrah Stock & Broking Private Limited. The claims include financial compensation of approximately 0.12 Cr, 11.22 Cr, or 4.45 Cr, plus interest and legal costs, or the restoration of securities. This new case involves similar issues to other ongoing arbitrations against CDSL. The company notes this is a material event as the cumulative claims from such similar matters have crossed a materiality threshold, highlighting potential financial implications and ongoing legal exposure for the company.
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