Central Depository Services (India) Limited (CDSL) has secured SEBI approval to invest Rs 1 crore in Sahamati Foundation, a non-profit Section 8 company recognised by the RBI as the Self-Regulatory Organisation (SRO) for India's Account Aggregator (AA) ecosystem.
CDSL will subscribe to 10,00,000 equity shares of face value Rs 10 each, amounting to a 2% stake in Sahamati's paid-up share capital. The consideration will be paid in cash, and the transaction is not classified as a related party transaction. The investment is expected to be completed within 30 days from disbursement of funds.
Sahamati was incorporated in December 2019 and received RBI recognition as an SRO for the AA ecosystem on June 5, 2026. The foundation anchors the governance mechanism for the AA ecosystem, builds and maintains the central technology infrastructure, and oversees certification and grievance redressal. Sahamati reported a turnover of Rs 12.60 crore in FY26, Rs 15.07 crore in FY25, and Rs 12.13 crore in FY24.
CDSL's investment is part of a larger fundraise in which 31 other regulated financial sector entities are participating, including public and private banks, NBFCs, and other SEBI-regulated entities. The total equity capital raised by Sahamati stands at Rs 50 crore. The investment in Sahamati is not related to CDSL's core business as a depository.
SEBI conveyed its approval via a letter dated June 9, 2026, under Regulation 7(c) of the SEBI (Depository and Participants) Regulations, 2018. The approval is subject to CDSL maintaining its net worth requirement at all times under Regulation 14(1) of the same regulations.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.