The exchange has pared its stake in the depository to comply with the capital markets regulator Sebi norms under which a stock exchange cannot have more than 24 per cent in a depository.
Following the transaction, BSE's stake will come down to 50.05 per cent.
CDSL allows investors to deposit securities by opening an account. The securities such as shares, debentures, bonds of investors are held in electronic form (dematerialised form) at the depositories. It has a little over 1.02 crore investor accounts.
Apart from BSE, other shareholders in CDSL are Bank of India, Bank of Baroda, State Bank of India, HDFC Bank, Canara Bank, Standard Chartered Bank, Union Bank of India, Bank of Maharashtra and Calcutta Stock Exchange.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)