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CDSL Ventures Expands with New Premises Acquisition

Story Highlights

Central Depository Services (India) Limited ( (IN:CDSL) ) has provided an announcement.

CDSL Ventures Limited (CVL), a material subsidiary of Central Depository Services (India) Limited, has signed a Memorandum of Understanding with L&T Realty Properties Ltd. to acquire premises at L&T Seawoods Grand Central in Navi Mumbai. This strategic move is aimed at supporting CVL’s expansion and consolidation efforts, potentially enhancing its operational capabilities and market position.

More about Central Depository Services (India) Limited

Central Depository Services (India) Limited (CDSL) operates in the financial services industry, primarily providing depository services for securities and other financial instruments in India. The company focuses on facilitating the holding and transfer of securities in electronic form, offering services to investors, brokers, and other financial institutions.

YTD Price Performance: -34.33%

Average Trading Volume: 3,929,379

Current Market Cap: 248.2B INR

For an in-depth examination of CDSL stock, go to TipRanks’ Stock Analysis page.

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