Analysts/Institutional Investor Meet/Con. Call Updates

Central Depository Services (India) Limited CDSL/CS/NSE/KS/2026/159 November 05, 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.: Analyst/Investor Call/Conference Call held on November 02, 2026. Re.: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, This is with reference to our intimation dated October 27, 2026, for scheduling of Conference Call on Monday, November 02, 2026. In this regard, please find attached the transcript of the aforesaid Conference Call. The above information is also available on the website of the Company www.cdslindia.com. This is for your information and record. Thanking you. 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 Classification - Public Website: www.cdslindia.com “Central Depository Services (India) Limited Q2 FY27 Earnings Conference Call” November 02, 2026 MANAGEMENT: MR. NEHAL VORA–MANAGING DIRECTOR AND CEO MR. GIRISH AMESARA – CHIEF FINANCIAL OFFICER MR. SUNIL ALVARES – MANAGING DIRECTOR & CEO – CDSL VENTURES LIMITED MR. KAMLENDRA SRIVASTAVA – MANAGING DIRECTOR & CEO – COUNTRYWIDE COMMODITY REPOSITORY LIMITED MR. SWAROOP GOTHI, FINANCIAL CONTROLLER MODERATOR: MR. AMIT CHANDRA – HDFC SECURITIES LIMITED Page 1 of 10 Classification - Public Central Depository Services (India) Limited November 02, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the CDSL Q2 FY27 Earnings Conference Call, hosted by HDFC Securities. As a reminder, all participant lines will be in listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star, then zero on your touch-tone phone. Please note that this conference is being recorded. Ladies and gentlemen, please note that CDSL does not provide specific revenue or earnings guidance. Anything said on this call, which reflects CDSL's outlook for the future or which could be constituted as forward-looking statements must be reviewed in conjunction with the risks that the company faces. I would now like to hand the conference over to Mr. Amit Chandra from HDFC Securities. Thank you, and over to you. Amit Chandra: Thank you, operator. Good afternoon, everyone. On behalf of HDFC Securities, we welcome you all to the CDSL quarter 2 FY27 earnings call. Today, we have with us the management team of CDSL, represented by Mr. Nehal Vora, MD and CEO; Mr. Girish Amesara, CFO; and other senior leaders from the management team. We will start with a brief overview of the quarter by Mr. Nehal Vora, and then we'll open up the floor for the question-and-answer session. Thank you, and over to you, Nehal, sir. Nehal Vora: So first of all, thank you, Amit. A very good afternoon and a warm welcome to everyone joining us today. I hope each of you and your loved ones are safe and healthy. Thank you for joining us to discuss CDSL's financial results for the second quarter ended September 30, 2026. A detailed investor presentation has been uploaded on our website for your reference. I'm joined today by the leadership team of the CDSL Group. Let me begin by briefly sharing the broader market context and some of the key developments during the quarter before the CFO takes us through the financial performance in greater detail. During the quarter, Indian securities market saw continued activity, particularly in the primary market, even up against a more volatile broader market environment, led by geopolitical issues. IPO proceeds exceeded US$9 billion or INR86,500 crores in the July to September quarter, highest ever for this period. September which has seen about 34 IPOs, the highest in a single month since December '96. Demat accounts additions also remain significant. The industry added approximately 32.7 lakh accounts in August, the highest monthly addition in 7 months. By the end of September, the overall Demat account base has reached approximately 24 crores. CDSL continued to account for approximately 80%+of the industry's demat accounts with about 19.34 crores accounts by the end of September 2026. We shall shortly be publishing the number of demat accounts for October end on our website. The IPO surge growth in demat accounts and the other market developments underline the importance of building capacity ahead of needs. Our continuing investments in technology and people are aimed at ensuring that CDSL remains resilient and equipped to support the evolving Page 2 of 10 Classification - Public Central Depository Services (India) Limited November 02, 2026 scale of the India securities markets while maintaining the dependable service and helping investors navigate both favourable and challenging market conditions. Further to the appointments of our Executive Directors on CDSL during the last quarter, we have also continued to strengthen our leadership across two important functions in this quarter. Shri Farokh Patel has been elevated to the role of Chief Regulatory Officer and Compliance Officer of the company with effect from September 1, 2026. We've also welcomed Shri Kinjal Shah as our Chief Technology Officer with effect from September 22, 2026. We welcome them to their respective roles and look forward to their contribution. Also, additionally, a significant and important initiative, in which RBI has enabled depositories to include information on bank deposits in the consolidated account statement through the account aggregator system, is a step towards providing investors with a more comprehensive view of the financial assets in one place. On the Investor Education and Protection Fund, CDSL continues on its efforts towards further strengthening investor education. As a part of the World Investor Week 2026 and Project Jagrook's campaign theme of “Samajh Se Investing Simple”, CDSL IPF organized an experience-based learning investor awareness initiative aimed at investors of different demographic groups across India. Its 50 cycle rallies across 12 states and over 45 districts reached around 10,000 participants. Our partnership with Amar Chitra Katha is gaining popularity. And to sustain its momentum, we also launched the “Garden of Prosperity” in 12 languages with Amar Chitra Katha and distributed investor education comics to nearly 30,000-plus students across 60 schools. I would really encourage all of you to look at all this on the CDSL IPF website for you and your families. As part of the Reimagine symposium, the registrations are now open for the second edition of a Reimagine Ideathon, inviting students to propose practical ideas around financial awareness and cyber safety. I would especially request the investors listening today to encourage the young people in as per your families and other known people to participate in this. Building a more informed and secure market will also require us to look at and see what the next generation expects us to do to shape its future. The CFO will take you through the financial results for the quarter and half year. The earnings call presentation has been also put out on basically the stock exchange website, and it's available on the CDSL website, which provides a detailed breakdown of revenue and expenses in the last five quarters, along with the necessary information. The markets will continue to move through periods of optimism as well as certain amounts of issues which are happening on the geopolitical front. But what matters to CDSL and to the wider ecosystem i [Showing first 8,000 characters — download PDF for full document]