CDSL has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company.
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CDSL has provided an update on ongoing arbitration proceedings initiated by six claimants (members of the Shah family, including Ketan Shah, Prafulla Shah, Neeta Shah, and Samir Shah) seeking indemnity for alleged losses from misutilisation of client securities by Anugrah Stock & Broking Pvt. Ltd. The Bombay High Court, in its order dated January 20, 2026, directed the constitution of an arbitral tribunal, which has since been formed. The claimants have now filed fresh statements of claim before the newly constituted tribunal, with claim amounts remaining unchanged. CDSL notes that this disclosure is being made because the cumulative claim value crosses the materiality threshold as per industry standards.
This is a procedural update on existing litigation and not a new adverse outcome. The matter is at an early arbitration stage with no final order, settlement, or financial impact disclosed yet. Investors should monitor further developments as the case progresses, but there is no immediate impact on CDSL's financials or operations from this update.