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BSE to divest 2.5% stake in Central Depository Services via OFS
short by Anisha Joneja / on Tuesday, 7 February, 2023
BSE will divest 2.5% stake in the Central Depository Services (India) Ltd (CDSL) through an offer for sale (OFS) route. CDSL, which allows investors to deposit securities by opening a demat account, listed on the NSE in 2017. Through the IPO, BSE, which had 50.05% stake in CDSL, sold 26.05% of its holding to meet SEBI norms.
read more at Moneycontrol