Examples of CDSL in a sentence
In the event of the Issuer/RTA failing to make payment of any such fees, costs, charges or deposits, as the case may be, on or before the respective due dates, CDSL shall be entitled to charge interest on any delayed payments at the rate as may be prescribed by CDSL.
AND WHEREAS the Issuer is desirous of entering into an agreement with CDSL to facilitate the holding and transfer of securities in dematerialised form in CDSL, which CDSL has agreed to do.
Any changes in such list including additions, deletions or alterations thereto shall be forthwith communicated to CDSL.
The dematerialisation and rematerialisation requests will not be processed till issuer appoints another RTA who in turn enters into a tripartite agreement or issuer enters into a bipartite agreement with CDSL..
CDSL shall not be liable to the RTA for any loss or damage arising out of failure on the part of the RTA to maintain up to date back-up of the computer programme and the relevant data.
The distribution of shares in physical and electronic modes as at March 31, 2022 and March 31, 2021 is as per below: Categories Position as at March 31, 2022 Position as at March 31, 2021 No. of Shares % to total shareholding No. of Shares % to total shareholding Physical 42,950 0.02 44,950 0.03 Demat: NSDL 15,60,99,720 88.69 15,73,87,241 89.42 CDSL 1,98,57,330 11.28 1,85,67,809 10.55 Sub-total 17,59,57,050 99.98 17,59,55,050 99.97 Total 17,60,00,000 100.00 17,60,00,000 100.00 xiv.
Once the said balance is blocked as aforesaid, CDSL shall not permit any debits or creation of any pledge or hypothecation in respect of the blocked securities pending rematerialisation.
Such statement of accounts shall be provided to the Beneficial Owner in the form specified in Operating Instructions or as communicated by CDSL from time to time.
CDSL has agreed to declare the securities such as shares, stocks, bonds, debentures or other marketable securities(hereinafter referred to as ‘securities’) issued by the issuer from time to time as being eligible to be held in dematerialized form in CDSL.