Central Depository Services (India) Limited has received approval from the Securities and Exchange Board of India (SEBI) to invest ₹20 crores in India International Bullion Holding IFSC Limited (IIBHL). The investment will be executed in one or more tranches, subject to the company maintaining its net worth requirements as per Regulation 14(1) of SEBI (Depositories and Participants) Regulations, 2018. This strategic move aims to support IT infrastructure development and maintain net worth in India International Depository IFSC Limited (IIDI) as stipulated by the International Financial Services Centres Authority (IFSCA).

Investment Structure and Timeline

The total investment of ₹20,00,00,000 will be made through the subscription of 20,00,00,000 equity shares at a face value of ₹1 each. The first tranche of ₹10 crores is scheduled for completion by August 2, 2026. The subsequent tranche of up to ₹10 crores will be processed post-receipt of intimation from IIBHL, adhering to the overseas direct investment process. The consideration will be paid via banking channels through the overseas direct investment route.

Target Entity Details

IIBHL, incorporated on June 04, 2021, acts as a holding company for the Bullion Project, funding its subsidiaries: India International Bullion Exchange IFSC Limited and India International Depository IFSC Limited. The entity received registration as a Finance Company from IFSCA on August 09, 2021. For the financial year ended March 31, 2026, IIBHL reported a consolidated turnover of ₹10,46,53,990.

Financial Performance of IIBHL

The consolidated turnover of India International Bullion Holding IFSC Limited over the past three financial years is detailed below:

Related Party Disclosures

IIBHL and its wholly-owned subsidiaries are related parties of Central Depository Services (India) Limited. The company provides depository services to IIBHL, India International Depository IFSC Limited, and India International Bullion Exchange IFSC Limited, along with IT infrastructure services to India International Depository IFSC Limited. All transactions are conducted at arm's length prices. Additionally, the Promoter Group holds a 20% stake in IIBHL. Following this investment, Central Depository Services (India) Limited will hold 70 crore equity shares, maintaining a 20% shareholding in the paid-up capital of IIBHL.

Central Depository Services (India) Ltd has recommended a final dividend of ₹12.75 per share for the financial year ended March 31, 2026. The dividend, amounting to 127.50%, will be paid within 30 days from the date of declaration at the Annual General Meeting, subject to tax deduction at source. The company has fixed Friday, July 17, 2026, as the record date to determine the eligibility of members entitled to receive the dividend.

The 28th Annual General Meeting of the company is scheduled to be held on Thursday, July 30, 2026, at 11:00 A.M. IST through Video Conferencing and Other Audio-Visual Means. The meeting will be conducted without physical presence at a common venue. The business to be transacted includes the adoption of audited financial statements, the declaration of the final dividend, and the appointment of directors.

Board Appointments and Ratifications

The shareholders will consider the appointment of Smt. Geetha Gangadharan (DIN: 11311971) as a Non-Independent Director in place of Ms. Kamala Kantharaj, who retires by rotation. Additionally, the meeting will seek ratification for the appointment of Shri Amit Mahajan as Executive Director of Vertical 1 (Critical Operations) and Smt. Nayana Ovalekar as Executive Director of Vertical 2 (Regulatory, Compliance, Risk Management & Investor Grievances). Both appointments are for a term of five years, effective from June 11, 2026, and June 19, 2026, respectively.

Remuneration Details

The remuneration proposed for the Executive Directors includes a fixed pay and variable pay components. The total annual remuneration is fixed at ₹3,00,00,000.

E-Voting and Participation

Remote e-voting will commence on Monday, July 27, 2026, at 9:00 a.m. IST and conclude on Wednesday, July 29, 2026, at 5:00 p.m. IST. Members holding shares in dematerialized form as on Thursday, July 23, 2026, are entitled to vote. The company has engaged MUFG Intime India Private Limited as the Registrar and Transfer Agent to assist with shareholder services.