National Securities Depository Ltd (NSDL) has scheduled a board meeting for January 28, 2026, to announce its third quarter financial results for the fiscal year 2025-26. The securities depository firm made this announcement on January 20, 2026, through an exchange filing.

Board Meeting Details

The company informed stock exchanges that the board meeting will be held on Wednesday, January 28, 2026, to consider and approve several key items:

Trading Window Restrictions

As per regulatory requirements, NSDL has implemented trading restrictions for its designated personnel. The trading window has been closed since January 1, 2026, and will remain closed until 48 hours after the Q3 results announcement on January 28, 2026.

Previous Quarter Performance

NSDL's Q2 FY26 results, announced on November 13, 2025, showed strong financial performance across key metrics:

The depository firm demonstrated consistent growth in both profitability and revenue generation during the July to September quarter of FY26. The nearly 15% increase in consolidated net profits reflected the company's operational efficiency, while the 12% growth in core operational revenues indicated strong business momentum.

Market Context

The upcoming Q3 results will provide insights into NSDL's performance during the October to December 2025 period, covering both quarterly and nine-month financial metrics for the current fiscal year. As a key player in India's securities depository infrastructure, NSDL's financial performance serves as an indicator of market activity and investor participation trends.

National Securities Depository (NSDL) has resolved regulatory compliance issues with the Securities and Exchange Board of India (SEBI) through a settlement payment of ₹155.8 million. The violations were identified during a SEBI inspection conducted in the financial year 2023-24.

Settlement Details

The settlement amount reflects NSDL's approach to resolving regulatory matters efficiently rather than pursuing lengthy legal proceedings. SEBI's inspection process in FY 2023-24 identified specific rule violations that required remedial action from the depository.

Regulatory Compliance Framework

As one of India's primary depositories, NSDL operates under strict regulatory oversight from SEBI. The settlement mechanism allows companies to resolve violations without admitting or denying the charges, providing a pathway for swift resolution of compliance matters.

Impact on Operations

The settlement enables NSDL to continue its operations without the uncertainty of ongoing regulatory proceedings. This resolution demonstrates the company's commitment to maintaining regulatory compliance while focusing on its core depository services in India's capital markets infrastructure.