Central Depository Services (India) President Ashish Bhatt retires
Central Depository Services (India) (NSE: CDSL) said Ashish Bhatt, President, has retired. The company is valued at about ₹25,749 crore.
What happened
Central Depository Services (India) (NSE: CDSL) informed the stock exchanges on 28 October 2026 at 06:03 PM that Ashish Bhatt, President, has retired.
Company snapshot
Central Depository Services (India) is a small-cap company in the Financial Services sector, with a market value of about ₹25,749 crore.
The stock last traded at ₹1,232, against a 52-week range of ₹1,116.3–₹1,673.7 (26.4% below the high).
Before this filing the shares had moved −11.5% over the month and −10.0% over three months. Average daily turnover over the last 20 sessions was about ₹114 crore.
Promoters held 15.00% at the end of Q1 FY27. Foreign institutions owned 8.24% and domestic institutions 15.19%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 259 | 102.4 | 4.9 |
| Q2 FY26 | 319 | 140.2 | 6.71 |
| Q3 FY26 | 304 | 133.3 | 6.38 |
| Q4 FY26 | 263 | 80.2 | 3.84 |
| Q1 FY27 | 293 | 117.5 | 5.62 |
What history shows
BCEIE's records show 12 or more previous management change filings from the company since May 2026.
After those filings, the stock gained 0.2% on average the next trading day and was up 2.1% on average after five days (12 filings with price data).
Across 300 similar disclosures by other Financial Services companies, shares moved −0.2% on average the next day and −0.6% over five days; 50% of them rose the next day.
Market-wide, 4,004 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 22 Sept 2026 | Resignation of Dr. Rakeshkumar Kakkar, Nominee Director of CDSL in… | −2.1% | — |
| 22 Sept 2026 | Change in Management | −0.7% | — |
| 27 Aug 2026 | Appointment of Smt. Geetha Gangadharan as Non-Executive… | −0.6% | −1.1% |
| 27 Aug 2026 | Change in Management. | −1.3% | −2.8% |
| 27 Aug 2026 | Outcome of Board Meeting held on August 27, 2026 with respect to… | −1.3% | −2.8% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 31 October 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Central Depository Services (India) Ltd Share Price Today,, CDSL Share Price NSE, BSE
- Kinjal Shah Joins CDSL as Chief Technology Officer - Global HR News & Updates
- Central (CDSL.NS) Extends Losses by -2.57% as Bears Dominate 2026-10-21 - Daily Profile
- Is CDSL (NSE:CDSL) Translating Demat Activity Into Durable Earnings?
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.