CDSLNSECentral Depository Services (India) Limited· Capital MarketsHighNegative
Announced Fri, 10 Apr, 2026 · 11:55 IST

CDSL has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company.

Arbitration WonRegulatory & Legal View source PDFExplain this filing

CDSL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+2.0%Reaction day
₹1280.00
prior close
₹1296.00
announcement price
In-mkt
timing
Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.6%+0.3% vs market
Capital Markets peers, median of 63sector · industry level+1.5%+0.4% vs sector

On the reaction day the stock moved 0.3 pts more than Nifty Smallcap 250 and 0.4 pts more than its Capital Markets peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
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Reaction day
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Next day
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UpDownMarket · Nifty Smallcap 250Sector · Capital Markets peers, median of 63Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

CDSL has provided an update on an arbitration proceeding initiated by Mr. Kamal R. Bulchandani, Mrs. Kavita K. Bulchandani, and Ms. Loshika K. Bulchandani. The claimants had sought Rs. 19.29 crore (approximately Rs. 19.3 crore) in indemnity for alleged losses arising from misutilisation of clients' securities by Anugrah Stock & Broking Private Limited. The claimants first approached Bombay High Court under Section 11 of the Arbitration Act, which directed constitution of the arbitral tribunal on January 20, 2026. The tribunal was constituted on February 24, 2026. However, on March 23, 2026, the claimants requested unconditional withdrawal of the claim. The Arbitral Tribunal allowed this withdrawal via order dated April 6, 2026, and the matter stands disposed of. CDSL did not pay any penalty or settlement amount.

Likely market impact

This is a positive development for CDSL as the Rs. 19.3 crore claim has been fully withdrawn with no financial liability on the company. The resolution removes legal uncertainty and potential financial risk for the depository.