Date: July 09, 2026

Board Meeting Outcomes

  • SEBI approved CDSL's investment of ₹20,00,00,000 (Rupees Twenty Crores Only) in IIBHL in one or more tranches
  • Approval subject to condition that CDSL maintains its net worth requirement as per Regulation 14(1) of SEBI (Depositories and Participants) Regulations, 2018
  • SEBI approval letter reference: HO/47/28/13(3)2026-MRD-RAC2-I/15671/2026 dated July 08, 2026

Disinvestment / Strategic Actions

Target Entity Details:

  • Name: India International Bullion Holding IFSC Limited (IIBHL)
  • Business: Holding company for Bullion Project, funding subsidiaries India International Bullion Exchange IFSC Limited and India International Depository IFSC Limited
  • Consolidated Turnover FY2025-26: ₹10,46,53,990/-
  • Date of Incorporation: June 04, 2021
  • Registration: Finance Company from IFSCA on August 09, 2021
  • Country Presence: India

Turnover History:

  • FY2023-24: ₹17,55,92,270
  • FY2024-25: ₹44,75,76,730
  • FY2025-26: ₹10,46,53,990

Investment Details:

  • Investment Amount: ₹20,00,00,000 (Rupees Twenty Crores Only)
  • Investment Form: Subscription of 20,00,00,000 equity shares at face value of ₹1/- each at price of ₹1/-
  • Current Holding: 50 crore equity shares (20% of paid-up capital)
  • Post-Investment Holding: 20% (unchanged)
  • Payment Method: Banking channels transfer through overseas direct investment (ODI) Route
  • Completion Timeline: First tranche of ₹10 crore by August 02, 2026; remaining ₹10 crore post intimation from IIBHL

Related Party Aspects:

  • IIBHL and its subsidiaries are related parties of CDSL
  • CDSL provides depository services to IIBHL, IIDIL and IIBX and IT infrastructure services to IIDIL
  • All related party transactions are at arm's length price
  • Promoter Group companies (India International Clearing Corporation (IFSC) Limited and India International Exchange (IFSC) Limited, subsidiaries of BSE Limited) hold 20% stake in IIBHL

Strategic Rationale:

  • To support various IT infrastructure development
  • To maintain the Networth in IIDI as stipulated by IFSCA
  • IIBHL Board decided that any investment in IIDI shall be infused by IIBHL with equal subscription from all consortium members

Regulatory Approvals:

  • SEBI approval obtained pursuant to Regulation 7(c) of SEBI (Depositories and Participants) Regulations, 2018

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Financial Results

Not Specified

Other Operational / Legal / Strategic Disclosures

  • Disclosure made under Regulation 30 of SEBI Listing Regulations
  • Compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023
  • Information available on company website www.cdslindia.com as per Regulation 46 of SEBI Listing Regulations