1:1 Bonus Share Declared: Zero-Debt Burden Stock Dips 2%, Shares Gain 115% In 1-Yr

Central Depository Services (India) Ltd (CDSL) today declared bonus share in the proportion of 1:1, according to the exchange filing of the company. Current market price of Central Depository Services share on NSE is Rs 2386.85 per share with intraday fall of 2.10%. Central Depository Services (India) Ltd share offered attractive return of 115% in last 1-year. Check details below:

CDSL Recommends Bonus Share: According to the BSE filing of CDSL issued as on July 2, 2024, ""The Board of Directors has recommended the issuance of Bonus Shares to the Shareholders of the Company in the ratio of 1:1 i.e. 1 (One) new fully paid-up Equity Share of Rs 10/- (Rupees Ten Only) each for every 1 (One) existing fully paid-up Equity Share of Rs 10/- (Rupees Ten Only) each to the eligible Shareholders of the Company as on Record Date, subject to the approval of the Shareholders and other statutory/regulatory approvals, consents, permissions, conditions, and sanctions, as required."

CDSL Dividend History: Central Depository Services (India) announced 6 dividends since August 9, 2018. In last 1-year, Central Depository Services (India) announced an equity dividend amounting to Rs 16.00 per share. At the current share price of Rs 2386.85, Central Depository Services (India) offers a dividend yield of 0.67%.

Central Depository Services (India) Ltd Share Performance: The 52-week high price of CDSL share on NSE is Rs 2538.65 per share (as on July 1, 2024) and 52-week low price is Rs 1107.35 per share (as on September 1, 2024), respectively. Its market capitalisation is Rs 25,008.94 crore. CDSL share gained 17.5% in last 1-week, soared 115% in last 1-year, zoomed 131% in last 3-years, and surged 992% in last 5-years.

Central Depository Services About: Central Depository Services Limited ("CDSL") was found in 1999 to fulfil one goal: Convenient, Dependable and secured depository services. It is a Market Infrastructure Institution (MII) and a crucial part of the Capital market structure, providing services to all Market participants - Exchanges, Clearing Corporations, Depository Participants (DPs), Issuers and Investors, according to its official website.

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