Here's the page you can visit regularly to view all that's new in this website.

CDSL FACILITATES TWO WAY FUNGIBILITY IN ADR / GDR

CDSL is pleased to announce that its system is ready to offer services to Non-Resident Investors dealing in Indian companies shares / securities under the scheme of two way ADR/GDR fungibility recently formulated by Reserve Bank of India (RBI).

To facilitate such transactions, CDSL Depository Participants (DP) will be offering facility to open special "Depositary Receipt" (DR) accounts in the name of / on behalf of non resident investors wishing to participate in this activity. All the Indian companies which have made equity ADR / GDR issues are admitted in CDSL.

CDSL besides, having centralised database architecture for handling securities equivalent book - entries is registered with Securities & Exchange Board of India (SEBI). Under the CDSL system, assets of each Beneficial Owner are identified separately. CDSL, through its DPs, provides periodic reports to its account holders about the holding and transactions in the account. Besides, BO account holders of CDSL can view the account balance and transaction status in their accounts through the CDSL's unique internet facility, electronic access to securities information (easi). Also, easi provides mark to market facility of balances at the previous day's closing rates of the underlying securities on The Stock Exchange, Mumbai.

CDSL dedicates itself to provide state-of-the-art facilities to Non-Resident Investors.