Regulatory30 Apr 2026, 09:53 pm
NSDL to transfer ₹1 Cr to Investor Protection Fund for glitches
AI Summary
National Securities Depository Ltd (NSDL) board approved transferring ₹1 crore (₹50 lakhs each) to its Investor Protection Fund. This action stems from technical glitches that occurred on March 10, 2025, and February 3, 2026. The transfer is in accordance with SEBI circular no. SEBI/HO/MRD1/DTCS/CIR/P/2021/590 dated July 05, 2021, which outlines provisions for financial disincentives for Market Infrastructure Institutions. NSDL stated there is no material impact on its financial, operational, or other activities due to this proposed payment.
Key Highlights
- NSDL board approved ₹1 crore transfer to Investor Protection Fund.
- Payment is for technical glitches on March 10, 2025, and February 3, 2026.
- Action aligns with SEBI circular on financial disincentives for MIIs.
- Company reports no material financial or operational impact from this payment.
Price Impact
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