NSEGeneral Updates9 Jul 2026 · 9 Jul 2026, 02:11 pm

General Updates

Central Depository Services (India) Limited · CDSL

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Central Depository Services (India) Limited has informed the Exchange about SEBI Approval for investment in India International Bullion Holding IFSC Limited. CDSL will invest ₹ 20,00,00,000 in IIBHL in one or more tranches, subject to maintaining its net worth requirement.

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CDSL has informed the Exchange about SEBI Approval for investment in India International Bullion Holding IFSC Limited.

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CDSL_09072026141033_NSEIntimation_InvestmentIIBHL_sd.pdf

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Central Depository Services (India) Limited CDSL/CS/NSE/AJ/2026/100 July 09, 2026 The Manager, Listing Compliance Department, National Stock Exchange of India Ltd., Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai – 400051 Symbol: CDSL ISIN: INE736A01011 Sub: Additional investment in ‘India International Bullion Holding IFSC Limited’ (IIBHL). Re: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations). Dear Sir/ Madam, Pursuant to Regulation 30 of SEBI Listing Regulations read with Para A of Part A of Schedule III and other applicable provisions of the SEBI Listing Regulations, we wish to inform you that SEBI vide its letter no. HO/47/28/13(3)2026-MRD-RAC2-I/15671/2026 dated July 08, 2026 has approved to make an investment of ₹ 20,00,00,000 (Rupees Twenty Crores Only) in IIBHL in one or more tranches subject to the condition that Central Depository Services (India) Limited shall maintain its net worth requirement at all the times in terms of Regulation 14(1) of SEBI (Depositories and Participants) Regulations, 2018. The details pertaining to the above are mentioned in Annexure A in compliance with the SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and and other relevant circulars. The above information is also available on the Company's website www.cdslindia.com in terms of Regulation 46 of SEBI Listing Regulations. This is for your information and records. Yours faithfully, For Central Depository Services (India) Limited Nilay Shah Company Secretary & Compliance Officer ACS No. : A20586 Encl: As above Regd. Office : Marathon Futurex, A Wing, 25th Floor, Mafatlal Mills Compound, N M Joshi Marg, Lower Parel (E), Mumbai - 400 013. Phone: 91-22-2302 3333 • Fax: 91-22-2300 2036 • CIN: L67120MH1997PLC112443 Website: www.cdslindia.com Central Depository Services (India) Limited Annexure-A Disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, SEBI Circular SEBI/HO/CFD/CFD- PoD1/P/CIR/2023/123 dated July 13, 2023 and and other relevant circulars: a. Name of the target entity, details in Name of Target Company: India brief such as size, turnover etc. International Bullion Holding IFSC Limited (IIBHL). India International Bullion Holding IFSC Limited is a holding company for Bullion Project. IIBHL is funding to both of its subsidiaries namely India International Bullion Exchange IFSC Limited and India International Depository IFSC Limited which is engaged in providing bullion importing platform and depository functions respectively. Consolidated Turnover for the year ended March 31, 2026, was ₹ 10,46,53,990/-. b. Whether the acquisition would fall India International Bullion Holding within related party transaction(s) IFSC Limited and its two wholly and whether the promoter/ owned subsidiaries (India promoter group/ group companies International Depository IFSC Limited have any interest in the entity being (IIDIL) and India International Bullion acquired? If yes, nature of interest Exchange IFSC Limited (IIBX)) are and details thereof and whether the related parties of CDSL and CDSL same is done at "arm's length" provides depository services to IIBHL, IIDIL and IIBX and IT infrastructure services to IIDIL. All the related party transactions are at arm’s length price. India International Clearing Corporation (IFSC) Limited and India International Exchange (IFSC) Limited (Subsidiaries of BSE Limited) i.e. Promoter Group holds 20% stake in IIBHL. Regd. Office : Marathon Futurex, A Wing, 25th Floor, Mafatlal Mills Compound, N M Joshi Marg, Lower Parel (E), Mumbai - 400 013. Phone: 91-22-2302 3333 • Fax: 91-22-2300 2036 • CIN: L67120MH1997PLC112443 Website: www.cdslindia.com Central Depository Services (India) Limited c. Industry to which the entity being It is classified as an unlisted public acquired belongs limited company and is located in GIFT IFSC Gandhinagar, Gujarat and received registration as Finance Company from International Financial Services Centres Authority (IFSCA) on August 09, 2021. India's bullion market is one of the largest in the world, the second largest in terms of consumption and holds an important position globally, but it lacks organization and structure. A bullion spot exchange is expected to address these challenges and eliminate market inefficiencies. As a prominent market, India has always aspired to be a price setter for the bullion. The Consortium consisting of Central Depository Services (India) Limited (CDSL), India INX International Exchange (IFSC) Limited (INDIA INX), India International Clearing Corporation IFSC Limited (INDIA ICC), Multi Commodity Exchange of India Limited (MCX), National Securities Depository Limited (NSDL) & National Stock Exchange of India Limited (NSE) had setup the holding company namely India International Bullion Holding IFSC Limited (IIBHL) for operationalizing India International Bullion Exchange, Bullion Clearing Corporation and Depository in IFSC, GIFT City. IIBHL has set up the Bullion Exchange and depository through its subsidiaries, India International Bullion Exchange IFSC Limited (IIBX), and India International Depository Regd. Office : Marathon Futurex, A Wing, 25th Floor, Mafatlal Mills Compound, N M Joshi Marg, Lower Parel (E), Mumbai - 400 013. Phone: 91-22-2302 3333 • Fax: 91-22-2300 2036 • CIN: L67120MH1997PLC112443 Website: www.cdslindia.com Central Depository Services (India) Limited IFSC Limited encompassing the Bullion Exchange, Bullion Clearing Corporation and Depository functions at GIFT IFSC. d. Objects and Impact of acquisition In order to support various IT (including but not limited to, infrastructure development and to disclosure of reasons for acquisition maintain the Networth in IIDI as of target entity, if its business is stipulated by IFSCA. The Board of outside the main line of business of IIBHL has decided that any investment the listed entity) in IIDI shall be infused by IIBHL which include equal subscription of all its consortium members of IIBHL. e. Brief details of any governmental or Pursuant to Regulation 7 (c) of SEBI regulatory approvals required for (Depositories and Participants) the acquisition Regulations, 2018, approval of Securities and Exchange Board of India (SEBI) was sought. SEBI vide its letter dated July 08, 2026 accorded its approval for said investment. f. Indicative time period for The tentative timeline of completion completion of the acquisition of acquisition process of first tranche of investment upto ₹ 10 Crore in IIBHL latest by August 02, 2026. Further acquisition process upto ₹ 10 Crore shall be done post receipt of intimation from IIBHL in adherence to overseas direct investment process. g. Consideration - whether cash Amount to be paid through banking consideration or share swap or any channels transfer through overseas other form and details of the same direct investment (ODI) Route. (Cash consideration) h. Cost of acquisition and/or the price As of date, Company holds 50 crore at which the shares are acquired Equity Shares of ₹ 1/- each equivalent to 20% of the paid-up capital of IIBHL. i. Percentage of shareholding / control acquired and / or number of The additional Investment of upto ₹ shares acquired 20,00,00,000/- (Rupees Twenty crores only) by way of subscription of 20,00,00,000 equity shares at a face value of ₹ 1/- (Rupee One Only) at a price of ₹ 1/- (Rupee One only) in one Regd. Office : Marathon Futurex, A Wing, 25th Floor, Mafatlal Mills Compound, N M Joshi Marg, Lower Parel (E), Mumbai - 400 013. Phone: 91-22-2302 3333 • Fax: 91-22-2300 2036 • CIN: L67120MH1997PLC112443 Website: www.cdslindia.com Central Depository Services (India) Limited or more tranches. The percentage of holding would remain same i.e. 20%. j. Brief background about the entity Date of Incorporation: June 04, 2021 acquired in terms of products/li [Showing first 8,000 characters — download PDF for full document]