Commencing its operations in 1999, Central Depository Securities (India) Limited (CDSL) is one of two securities depositories in India with a 43% market share in terms of revenues as on FY16. As a securities depository, it facilitates holding of securities in electronic form and enables securities transactions to be processed by book entry while offering services of dematerialization for a wide range of securities as well. The company had registered a 13.7% yoy growth in the number of demat accounts in FY17, which stood at 12.4 mn investor accounts as on April 30, 2017. CDSL has been able to capture 59% market share in incremental demat accounts opened in FY17...