Central Depository Services Invests ₹1 Crore in Sahamati Foundation, Aims to Shape Account Aggregator Ecosystem
Central Depository Services (India) Limited has announced a strategic investment into the Sahamati Foundation, an organization designated as a Self-Regulatory Organisation (SRO) for the Account Aggregator (AA) ecosystem in India. The investment focuses on supporting the development of next generation data infrastructure and accelerating the evolution of the AA ecosystem into a national digital rail.CDSL has committed ₹ 1 crore to the Sahamati Foundation, securing a 2% shareholding in the organization's paid-up share capital. This investment was approved by SEBI following considerations regarding CDSL's commitment to maintaining net worth requirements under relevant regulations. The acquisition involves a total cash consideration of ₹ 1,00,00,000/- for 1,00,000 equity shares of face value ₹ 10/- each.
Sahamati’s Role in Digital Finance
Sahamati Foundation was incorporated as a Section 8 company on December 30, 2019. It serves as an industry alliance focused on the governance, implementation, and scaling up of India's AA ecosystem. The foundation is recognized by the RBI as an SRO for the Account Aggregator (AA) ecosystem.Sahamati focuses its work across four core areas: Ecosystem Governance, Technology Infrastructure, Standards & Certification, and Education & Advocacy. It anchors the participatory governance mechanism for the AA ecosystem and maintains SahamatiNet, a central technology infrastructure supporting certified entities in the sector. Furthermore, Sahamati operates a grievance redressal framework and drives awareness efforts to promote consent-based, privacy preserving financial data sharing across India.
Strategic Investment Context
The investment by CDSL is described as a strategic initiative, positioning the company to participate actively in shaping the digital finance infrastructure of the country. The organization’s industry involves promoting and strengthening the Account Aggregator (AA) ecosystem, which is one of the world's first consent driven, open finance frameworks.This particular move is part of a wider cross-sectoral investment into Sahamati Foundation. A total equity raise amounting to ₹ 50 crores has been secured by the foundation, with CDSL committing INR 1 crore toward this goal. This initiative includes other regulated financial sector entities such as public and private banks, NBFCs, and NBFC AAs.
Financial Overview of Sahamati
The following table details the turnover figures for Sahamati Foundation over the last three fiscal years:| Fiscal Year | Turnover (in Rupees) |
|---|---|
| FY 23-24 | 12,12,57,573 |
| FY 24-25 | 15,06,55,720 |
| FY 25-26 | 12,60,43,816 |
CDSL confirmed that the investment is not related to CDSL’s core business operations. The company indicated an indicative timeline for completing the acquisition within 30 days from the disbursement of funds.
CDSL Stock Price Movement
Shares of Central Depository Services (India) Limited (CDSL) slipped today by 0.97%, settling at ₹1200.9 after trading on a volume of 1.06 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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