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CDSL is rich thanks to the stock market boom!

Finshots Daily

Dematerialization of Shares: The Digital Transformation of Investing in India

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Long ago, stock market orders were shouted out on the floor and share certificates were sent by mail, often turning out to be fake. The solution was dematerialization of shares, removing the need for physical certification. Depositories like NSDL and CDSL emerged, marking investors as beneficial owners through digital entries, revolutionizing investing in India.

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