National Securities Depository Ltd — Important, 17-12-2025: Company Update

National Securities Depository Limited's Board has approved diluting its stake in NSDL Payments Bank Limited (NPBL) by 4.95%. NPBL, previously a wholly-owned subsidiary, issued over 93.74 lakh new equity shares to Protean eGov Technologies Limited via private placement. This transaction is valued at Rs. 30.20 Cr. Consequently, NSDL's direct shareholding in NPBL will reduce from 88.89% to 84.49%, and its total stake from 100% to 95.05%. NPBL will no longer be a wholly-owned subsidiary but will remain a subsidiary, bringing in a new investor and capital.