General Updates

CDSL/CS/NSE/AB/2026/125 August 13, 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.: Further Investment in ‘Open Network for Digital Commerce (ONDC)’. 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(5)2026-MRD-RAC2-I/18654/2026 dated August 13, 2026 has approved to make an investment of ₹ 5,00,00,000/- (Rupees Five Crore only) in ONDC, in one or more tranches, subject to the condition that Central Depository Services (India) Limited (“the Company” / “CDSL”) 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 at 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 Classification - Public Annexure A Disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SEBI Circular SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated July 13, 2023 and and other relevant circulars: a. Name of the target entity, details Name of Target Company: Open Network for in brief such as size, turnover Digital Commerce (“ONDC”) etc. ONDC is incorporated in India as a Section 8 company. ONDC is an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, aiming at promoting open networks for all aspects of the exchange of goods and services over digital or electronic networks. ONDC entity has been founded as an organisation to build public digital infrastructure for India. The Government of India supported the establishment of the entity christened ONDC Ltd. with a mandate to develop an Open Network for Digital Commerce. This is the first-of-its-kind initiative globally and will pave the way for democratizing digital commerce in India so that all small retailers, businesses, traders, FPOs, SHGS, Karkhanas, MSMEs etc., as well as consumers from all parts of India, can participate in and benefit from eCommerce. ONDC has been institutionalized as a private sector-led non-profit company, as such an entity is expected to provide a start-up mindset for a population scale implementation, enabled by a management with a futuristic vision, leadership with a deep understanding of commerce, comfort with cutting edge technology, and missionary outlook to drive change. Moreover, a non-profit company structure removes any incentive for owners to drive for profit maximization and keeps the focus on ethical and responsible behaviour while providing for trust, rigorous norms of governance, accountability and transparency. ONDC is backed by leading Institutions, Banks and other corporate bodies etc., who have invested ₹ 1,084 Crore as on June 30, 2026 in ONDC. Consolidated Turnover for the year ended March 31, 2025, was ₹ 20.29 Lakh. Classification - Public b. Whether the acquisition would The investment in ONDC is not a related party fall within related party transaction. transaction(s) and whether the promoter/ promoter group/ BSE Technologies Private Limited (i.e. Promoter group companies have any Group) holds 6.46% stake in ONDC as on June 30, interest in the entity being 2026. acquired? If yes, nature of interest and details thereof and whether the same is done at "arm's length" c. Industry to which the entity ONDC is engaged in creating an open public digital being acquired belongs infrastructure to develop and transform the Indian digital commerce ecosystem for both goods and services and to expand alternatives for both buyers and sellers to engage in the digital commerce space. d. Objects and Impact of This Investment is in the nature of strategic acquisition (including but not investment made by CDSL. CDSL has decided to limited to, disclosure of reasons invest in this initiative as it is an India initiative. for acquisition of target entity, if its business is outside the main Investment in ONDC is not directly related to or line of business of the listed incidental to the activities carried out by CDSL as entity) a Depository in India. e. Brief details of any Pursuant to Regulation 7 (c) of SEBI (Depositories governmental or regulatory and Participants) Regulations, 2018, approval of approvals required for the Securities and Exchange Board of India (SEBI) was acquisition sought. SEBI vide its letter dated August 13, 2026, accorded its approval for the said investment. f. Indicative time period for The remittance for subscription will be done in completion of the acquisition one or more tranches and the approval for the same has been granted by the Governing Board at its meeting held on June 25, 2026 and SEBI vide its letter dated August 13, 2026 for further investment of ₹ 5,00,00,000 in ONDC. g. Consideration - whether cash Total cash consideration of ₹ 5,00,00,000/- consideration or share swap or (Rupees Five Crore Only). any other form and details of the same h. Cost of acquisition and/or the As on June 30, 2026, CDSL holds 1.85% of the price at which the shares are equity capital of ONDC out of paid-up capital of ₹ acquired 1,084 Crore. i. Percentage of shareholding / control acquired and / or Further investment of up to ₹ 5,00,00,000/- number of shares acquired (Rupees Five Crore Only) by way of subscription to 5,00,000 equity shares having face value of ₹ 100/- (Rupee Hundred Only) each in one or more tranches. Post additional investment, the percentage of holding would be 1.67%. j. Brief background about the Date of Incorporation: December 30, 2021 entity acquired in terms of products/line of business Background: Classification - Public acquired, date of incorporation, Open Network for Digital Commerce (ONDC) is history of last 3 years turnover, an initiative of the Department for Promotion of country in which the acquired Industry and Internal Trade (DPIIT), Ministry of entity has presence and any Commerce and Industry aiming at promoting other significant information (in open networks for all aspects of the exchange of brief) goods and services over digital or electronic networks. ONDC entity has been founded as an organisation to build public digital infrastructure for India. ONDC is backed by leading Institutions and Banks etc., details of which are provided in the Proposal Form. The Government of India supported the establishment of the entity christened ONDC Ltd. with a mandate to develop an Open Network for Digital Commerce. This is the first-of-its-kind initiative globally and will pave the way for democratising digital commerce in India so that all small retailers, businesses, traders, FPOs, SHGS, Karkhanas, MSMEs etc., as well as consumers from all parts of India, can participate in and benefit from eCommerce. ONDC has been institutionalized as a private sector-led non-profit company, as such an entity is expected to provide a start-up mindset for a population scale implementation, enabled by a management with a futuristic vision, leadership with a deep understanding of commerce, comfort with cutting edge technology, and missionary outlook to drive change. Moreover, a non-profit company structure removes [Showing first 8,000 characters — download PDF for full document]