Centrico Insurance Repository Allots First Tranche of Equity Shares in RIX Systems to CDSL Subsidiary
Central Depository Services (India) Limited (CDSL) has reported the allotment of the first tranche of equity shares to its subsidiary, Centrico Insurance Repository Limited (CIRL), by RIX Systems & Solutions Private Limited (RIX).The development follows prior notification regarding the proposed investment by CIRL in RIX Systems & Solutions Private Limited. Earlier, CDSL had informed stakeholders about the approval received from SEBI for this proposed investment.
According to the report, RIX Systems & Solutions Private Limited allotted the first tranche of equity shares to CIRL, which is a subsidiary of Central Depository Services (India) Limited. This allotment occurred on May 08, 2026.
The transaction details confirm the equity share allotment by RIX to CIRL, marking a key operational update for the CDSL subsidiary.
CDSL Stock Price Movement
On Friday, shares of Central Depository Services (India) Limited slipped by 0.69% to close at ₹1259.3. The stock traded on a volume of 2.88 million shares, finding support within a daily range that dipped as low as ₹1250.2.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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