CDSL Currently Down. Regular Processes Impacted.
I am writing to inform you that CDSL has been down since 18-11-2022 due to a technical issue. Because of this, the following processes are impacted/delayed:
Settlement Processes (Securities Payout & Early Pay-in process)
Holding & Portfolio Update
MTF OTP process for Trades dated 18-11-22
MTF Pledge not created for trade dated 16-11-22
Margin Pledge Process
Other exchange reporting processes
Funds Payout Process has been stopped
KYC onboarding process
While this can be concerning, we want to ensure that you have complete clarity into the situation. That’s why we have been in constant communication with CDSL - the party whose system is down - to ensure that we get regular updates which can be communicated to you.
As per our recent conversation with them, we are expecting an update from CDSL today. We will keep you posted and suggest you bookmark this post for further updates.
Updated: As per update from CDSL, the system will be available from 11 am onwards.
The settlement processes are expected to be completed by 9 pm.