CDSL invests ₹1 crore in Sahamati Foundation for AA ecosystem
Central Depository Services (India) Limited will invest ₹1 crore for a 2% stake in Sahamati Foundation, an RBI-recognised SRO for the Account Aggregator ecosystem. The investment, approved by SEBI on June 09, 2026, is part of a strategic initiative to support the AA framework and involves 10,00,000 equity shares. The transaction is expected to be completed within 30 days of fund disbursement.

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Central Depository Services (India) Limited has secured approval from the Securities and Exchange Board of India (SEBI) to invest ₹1 crore in Sahamati Foundation, acquiring a 2% stake in the entity. This strategic move targets the development of the Account Aggregator (AA) ecosystem, a critical national digital rail for financial data sharing. The investment is subject to the condition that CDSL maintains its net worth requirement at all times as per Regulation 14(1) of the SEBI (Depositories and Participants) Regulations, 2018.
Sahamati Foundation, incorporated on December 30, 2019, operates as a Section 8 non-profit organisation and recently received recognition from the Reserve Bank of India (RBI) as a Self-Regulatory Organisation (SRO) for the AA ecosystem on June 05, 2026. The entity functions as a member-driven industry alliance focused on governance, technology infrastructure, standards, and advocacy for the AA framework. CDSL's participation is part of a broader cross-sectoral funding round involving 31 other regulated financial sector entities, raising a total equity of ₹50 crore.
The transaction details indicate a total cash consideration of ₹1 crore for the subscription to 10,00,000 equity shares with a face value of ₹10 each. The company stated that this investment is not related to its core depository activities but is driven by the strategic imperative to influence next-generation data infrastructure. The indicative timeline for the completion of this acquisition is within 30 days from the disbursement of funds.
Sahamati’s financial performance over the past three years shows fluctuations in turnover. The entity reported a turnover of ₹12,60,43,816 in FY 25-26, down from ₹15,06,55,720 in FY 24-25, which was an increase from ₹12,12,57,573 in FY 23-24. The organisation maintains its presence exclusively in India and manages the central technology infrastructure, SahamatiNet, which supports the AA ecosystem through a central registry and network health monitoring.
Financial Overview of Sahamati Foundation
| Year | Turnover (in Rupees) |
|---|---|
| FY 25-26 | 12,60,43,816 |
| FY 24-25 | 15,06,55,720 |
| FY 23-24 | 12,12,57,573 |
The disclosure was submitted to the National Stock Exchange of India Ltd. under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Nilay Rajendra Shah, Company Secretary & Compliance Officer, signed the filing on June 10, 2026.
Historical Stock Returns for CDSL
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.17% | +0.90% | +0.09% | -19.36% | -29.41% | +151.70% |
How will CDSL's strategic influence within Sahamati shape the future governance standards of the Account Aggregator ecosystem?
What impact will Sahamati's recent turnover decline have on the long-term financial sustainability of the AA framework?
Will this investment trigger similar equity commitments from other major depositories and financial infrastructure providers?


































