Hot Pursuit     14-Jun-23
CDSL drops on buzz BSE offloads 5% via block deal
Central Depository Services (India) fell 2.77% to Rs 1,018.75 after the counter witnessed large block deal in morning trade today, 14 June 2023.
The media reported BSE sold 56.3 lakh shares, or 5.4% equity stake, worth Rs 586 crore in the company. The shares were reportedly offered at an average of Rs 1,000 each.

On the NSE, 92,22,295 shares of the company were traded in the counter so far as against an average trading volume of 3,84,717 shares in the past three months.

BSE held 20% in Central Depository Services (India) (CDSL) as on March 2023. CDSL provides depository services to market participants. It maintains and services 8 crore+ demat accounts of investors or beneficial owners (BOs) spread across India.

On a consolidated basis, net profit of CDSL declined 18.74% to Rs 63.10 crore on 8.63% fall in net sales to Rs 124.77 crore in Q4 March 2023 over Q4 March 2022.

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