May 25, 2017 12:33 PM ET

Capital Markets

Company Overview of National Securities Depository Limited

Company Overview

National Securities Depository Limited provides security depository services to facilitate trading in a dematerialization form in India. Its services include account maintenance, dematerialization, rematerialization, distribution of non-cash corporate actions, and nomination/transmission; and settlement of trades through market transfers, off market transfers, and inter-depository transfers. The company also provides electronic custody and trade settlement services; and value added services, such as pledge, hypothecation of securities, automatic delivery of securities to clearing corporations, distribution of cash and non-cash corporate benefits, stock lending, dematerialization of NSC/KVP, ...

Trade World, A wing

4th & 5th Floors

Kamala Mills Compound

Senapati Bapat Marg, Lower Parel

Mumbai,  400013

India

Founded in 1995

Phone:

91 22 2499 4200

Fax:

91 22 2497 6351

Key Executives for National Securities Depository Limited

Chief Executive Officer, Managing Director and Director
Chief Financial Officer and Senior Vice President
Senior Executive Director of Operations
Age: 53
MD of NSDL Database Management Ltd and CEO of NSDL Database Management Ltd
Age: 55
Senior Vice President and Compliance Officer
Compensation as of Fiscal Year 2016.

National Securities Depository Limited Key Developments

SUUTI Considers To Offload Stake In 51 Companies

The Specified Undertaking of the Unit Trust of India (SUUTI) is considering offloading stake in 51 companies. The list of companies include, several blue-chip companies such as Reliance Industries Limited (NSEI:RELIANCE), AXIS Bank Limited (BSE:532215), ITC Limited (NSEI:ITC), as well as eight unlisted companies like National Securities Depository Limited, STCI Finance Limited, Stock Holding Corporation of India Limited and OTC Exchange of India.

IDBI Bank To Reduce Stake In Companies

IDBI Bank Limited (BSE:500116) is seeking to sell stake in IDBI Asset Management Co. Ltd, IDBI Capital Markets & Securities Ltd., IDBI Federal Life Insurance Company Limited, IDBI Intech Limited, National Securities Depository Limited, National Stock Exchange of India Ltd., NSDL e-Governance Infrastructure Limited as a part of disinvestment exercise.

India Seeks Bids To Sell Government Stakes In Private Firms

India has invited bids from bankers for sale of its stakes in companies such as ITC Limited (NSEI:ITC), Reliance Industries Limited (NSEI:RELIANCE), ICICI Bank Ltd. (NSEI:ICICIBANK) Larsen & Toubro Limited (BSE:500510) and AXIS Bank Limited (BSE:532215), as Prime Minister Narendra Modi looks to boost revenues and shrink Asia’s widest budget deficit. Holding company The Specified Undertaking of the Unit Trust of India (SUUTI) will appoint as many as three merchant bankers to advise on transactions involving 51 companies over three years, it said on its website. The government hasn’t set a target for such sales. SUUTI has investments in these 51 listed as well as unlisted companies, like Hindustan Unilever Limited (BSE:500696), ITC, Jaiprakash Associates Limited (BSE:532532) and a host of Tata Sons Limited Group firms. Government holds minority stake in these companies through SUUTI, which was formed in 2003 as an offshoot of erstwhile UTI, and is looking at selling them either through an OFS, block deal, bulk deal or regular sale through stock exchanges. As per the Request for Proposal, SUUTI plans to appoint up to three merchant bankers/advisers and selling brokers for assisting and advising on the SUUTI Holdings for a period of three years. Of the 51 companies in which SUUTI holds stake, 8 are unlisted entities as National Securities Depository Limited, STCI Finance Limited, OTC Exchange of India, Stock Holding Corporation of India Limited, Unit Trust of India Investment Advisory Services Limited, UTI Infrastructure Technology And Services Limited, North Eastern Development Finance Corporation Ltd., NSDL e-Governance Infrastructure Limited and The Specified Undertaking of the Unit Trust of India.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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