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CDSL Share Price in Focus on Apr 1; Subsidiary Signs MoU with L&T Realty

Written by: Nikitha DeviUpdated on: Apr 1, 2025, 1:08 PM IST
CDSL's subsidiary CVL signed an MoU to acquire 27,463 sq. ft. office space in Seawoods, Navi Mumbai, supporting its expansion and operational efficiency.
CDSL Share Price in Focus on Apr 1; Subsidiary Signs MoU with L&T Realty
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Central Depository Services (India) Limited (CDSL) has been gaining attention on Tuesday. On April 1, 2025, CDSL share price opened at ₹1,219.00, down from its previous close of ₹1,220.05. At 10:18 AM, the share price of CDSL was trading at ₹1,211.85, down by 0.67% on the NSE.

CVL’s Agreement for New Premises

On March 28, 2025, CDSL informed the stock exchange (NSE) that its material subsidiary, CDSL Ventures Limited (CVL), had signed a Memorandum of Understanding (MoU) with L&T Realty Properties Ltd. (formerly L&T Seawoods Ltd.). 

The agreement involves the purchase of office space at L&T Seawoods Grand Central, Tower 1, 11th Floor, C Wing, Unit No. C 1101/02/03/04, in Seawoods, Navi Mumbai.

Purpose and Size of the Agreement

The acquisition of this 27,463 sq. ft. premises aims to support CVL’s expansion and consolidation efforts. This strategic move is expected to enhance the company’s operational efficiency while aligning with its growth objectives.

SEBI Issues Warning to CDSL

Looking at the recent developments, on March 25 and 26, 2025, the Securities and Exchange Board of India (SEBI) issued a warning to CDSL following an onsite inspection for the period July 1, 2023, to June 30, 2024. 

SEBI observed certain compliance deviations and advised CDSL to strengthen its internal systems. While the company is reviewing the matter, SEBI’s warning does not have any financial or operational impact. 

CDSL’s Board has been advised to consider SEBI’s observations. The company remains committed to regulatory compliance and enhancing its internal controls to prevent future lapses.

Conclusion

CDSL remains a key player in the depository industry, and its latest move with CVL highlights its focus on long-term infrastructure development.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Apr 1, 2025, 1:08 PM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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