The Company was incorporated at Mumbai on December 12, 1997 as "Central Depository Services (India) Limited", a public limited company under the Companies Act, 1956. the Company obtained its certificate of commencement of business from Ministry of Corporate Affairs on December 19, 1997. the Company was initially registered by way of a certificate of registration on August 19, 1998 by SEBI under the Depositories Regulations and subsequently obtained its certificate of commencement of business as a depository under Depositories Regulations on February 8, 1999. Major events and milestones The table sets forth some of the major events in the history of the Company: 1999 -The Union Finance Minister of India, Mr. Yashwant Sinha flagged off the operations of the Company. -The first settlement of trades in demat mode through BOI Shareholding Limited, the clearing house of BSE, began. 2002 -The Company launched its internet facility "easi" (electronic access to securities information). -Online inter-depository transfer commenced. This facility enables on-line transfer of securities between both the depositories any time during the specified business hthes. 2004 -The Company launched its internet facility "easiest" (electronic access to securities information & execution of secured transaction). 2005 -Number of active demat accounts with the Company crossed 1 million. -The number of companies admitted with the Company for demat crossed 0.005 million. 2006 -The Company was awarded the BS7799 certification from Det Norske Veritas (Rotterdam). -CDSL Ventures, a wholly owned subsidiary of the Company was incorporated. -The Company was awarded the ISO 27001 from Det Norske Veritas (Rotterdam). -CDSL Ventures, a wholly owned subsidiary of the Company began "Customer profiling and Record Keeping" of the KYC of investors for mutual funds. 2007 -The Company signed an MoU with the Depository Trust & Clearing Corporation of New York ("DTCC"), designed to build a closer working relationship and exchange of information. -The Company signed an MoU with the Korea Securities Depository ("KSD"), aimed at promoting development of financial services industries in India and Korea. -The Company launched its SMS Alert facility, called "SMART" (SMS Alerts Related to Transactions). 2008 -Number of active demat accounts with the Company touched 4.5 million. -The Company signed an MoU with Japan Securities Depository Center, Inc. ("JASDEC") of Tokyo, designed to build a cooperative relationship. -The Company signed an MoU with National Depository Center ("NDC") to bolster economic relations between India and Russia by enctheaging cooperation through the mutual exchange of experience. -The Company signed an MoU with Taiwan Depository & Clearing Corporation ("TDCC"), aimed at mutual benefits and further development in the financial market by cooperation in operations and operation linkages, exchange of personnel and new developments. -The Company signed an MoU with Euroclear SA/NV designed to promote cross-border investment and explore the possibility of establishing an operational link between us and Euroclear SA/NV. 2009 -Hontheable Minister for Corporate Affairs of India, Mr. Salman Khurshid launched the Company's e-voting platform. -The Company and Bursa Malaysia Depository Sdn. Bhd. ("Bursa Malaysia Depository") signed an MoU to pursue cooperative relationship and opportunities in the areas of securities clearing and depository. 2010 -The Company signed an agreement with Nepal Stock Exchange Limited ("NEPSE") to set-up a depository and clearing and settlement system in Nepal and to provide technical assistance and consultancy services to NEPSE. -Mr. Padala Subbi Reddy, Managing Director and Chief Executive Officer of the Company signed an agreement with Mr. Shanker Man Singh, Chief Executive Officer and General Manager, The Nepal Stock Exchange Limited (NEPSE), in the presence of Mr. S.M. Krishna, Minister of External Affairs, Government of India and Smt. Sujata Koirala, Deputy Prime Minister, Nepal to set-up a Depository and Clearing & Settlement system in Nepal. -The Company introduced the National Academic Depository with a view to obviate the issues associated with the issue of academic mark sheets, degrees and convocation certificates in paper form. 2012 -Mr. U. K. Sinha, SEBI Chairman launched CDSL Ventures KRA, India's first and largest KYC Registration agency. 2013 -Transaction Using SMS Texting ("TRUST"), the acronym for the Company's mobile based utility, "Transaction Using Secured Texting" was formally launched. 2015 -The number of active demat accounts opened with the Company crossed 10 million. 2017 -CDSL Commodity Repository Limited, the wholly owned Subsidiary was incorporated. -The Company signed an MoU with Central Depository Systems (Pvt) Limited, Sri Lanka to pursue cooperative relationship and opportunities in the areas of securities clearing and depository. Certifications, Awards and Accreditations : 2014 -"IDC Insights Award" by International Data Corporation, in the CIO category -"EMC Transformers Award" by Dell EMC, in the best use of IT to transform business category 2015 -"IDC Insights Award" by International Data Corporation, in the CIO category -"IDG's CIO100 Award" by International Data Group, in CIO category for enterprise IT excellence -"IDG's Security Supremo Special Award" by International Data Group, in the security, risk, governance and compliance category -"Innovative CIO Awards" by BitStream Mediaworks Private Limited, in the CIO category -"Dataquest Business Technology Award" by Cyber Media, in the data center/networking category -"Dataquest Business Technology Award" by Cyber Media, in the enterprise security category -"Dataquest Business Technology Award" by Cyber Media, in the enterprise application category -"Dataquest Business Technology Award" by Cyber Media, in the "storage/BCP/DR" category -"EMC Transformers Award" by Dell EMC, in the best use of IT to transform business category -"Info Sec Maestros Award" by BitStream Mediaworks Private Limited, for information security -"Net App Innovation Award" by NetApp, Inc. for enterprise mobility 2016 -"BFSI Tech Maestros Awards" by BitStream Mediaworks Private Limited, for IT leadership -"Dell EMC Transformers Awards" by Dell EMC, for security transformation -"Exito BFSI IT Leadership Award" by Exito, for IT leadership -"IDG's Intelligent Enterprise Champions Award" by International Data Group, for infrastructure -"Innovative CIO Awards" by BitStream Mediaworks Private Limited, in the CIO category -"Express Security Strategist Award" by the Indian Express Group, for information security 2017 -"FinTec India Award" awarded at FinTec Conference and Awards, for IT security projects and IT projects -"Info Sec Maestros Award" by BitStream Mediaworks Private Limited, in the Information Security category 2019 -CDSL receives SEBI approval to open IFSC Branch at GIFT City, Gujarat. 2020 -CDSL inaugurates India's first IFSC branch at GIFT City. -CDSL crosses 2 crore Demat Accounts. -CDSL group has contributed to Prime Minister's National Relief Fund and Chief Minister's Relief Fund to fight against novel coronaviros. -CDSL Receives AUA/KUA Approval from UIDAI. -CDSL celebrates IOSCO's World Investor Week. 2021 -CDSL Celebrating the new milestone, remembers its journey. -CDSL has surpassed yet another milestone of 4 crore (40 million) active demat accounts. -CDSL becomes the first depository to open 5 crore active Demat accounts. 2022 --CDSL conducts Empowering Our Protectors an Investor Awareness Program for the Assam Rifles. -CDSL acquires 6.78%* stake in Open Network for Digital Commerce (ONDC). -CDSL becomes the first depository to open 6 crore active Demat accounts. -CDSL becomes the first depository to open 5 crore active Demat accounts. 2023 -CDSL becomes the first depository to join the Account Aggregator framework as a Financial Information Provider('FIP' -CDSL Becomes the First Depository to open 10-Crore Demat Accounts 2024 -The Company has issued Bonus Shares in the Ratio of 1:1.