SHAREINDIA: Share India Securities Limited has informed the Exchange that the Company has been activated as a Depository Participant of National Securities Depository Limited w.e.f. February 24, 2026.
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Awaiting price reaction for this filing.
Share India Securities Limited has been activated as a Depository Participant (DP) of the National Securities Depository Limited (NSDL) with effect from February 24, 2026. The intimation was received from NSDL on February 24, 2026 at 7:43 p.m. The company already holds a Depository Participant license with CDSL, so this activation allows it to offer depository services under both major Indian depositories. As per the disclosure, the activation enables the company to provide NSDL depository participant services and expand its range of financial services offerings. No monetary impact estimate or specific revenue figures have been disclosed in the filing.
Mildly positive for shareholders — Share India can now open NSDL demat accounts and serve clients preferring NSDL, broadening its addressable market. However, the company already had CDSL DP status, so this is more of a completing-the-set move than a major new revenue driver.