CDSL Collaborates with APMI on Accredited Investor Awareness under SEBI’s Guidance
(From left to right): Sunanda Markande, Senior Vice President, CVL; Sunil Alvares, Managing Director & Chief Executive Officer, CVL; Aparna Thyagarajan, Chief General Manager, SEBI; Nilesh Lodaya, Chief Business Officer, CDSL; Biharilal Deora, Chairman, APMI; and Sandeep Jethwani, Board Member, APMI
Mumbai, September 24: Central Depository Services (India) Limited (CDSL), Asia’s first listed depository, has collaborated with the Association of Portfolio Managers in India (APMI) to conduct a special awareness session on accredited investors under the aegis of the Securities and Exchange Board of India (SEBI). The initiative focused on explaining the Accredited Investor framework, its nuances, and the benefits it offers, drawing participation from over 125 professionals connected with the Portfolio Management Services industry.
Speaking at the event, Aparna Thyagarajan, Chief General Manager at SEBI, said that the framework would make accreditation more accessible while supplementing it with regulatory benefits and process efficiencies. She described it as a strategic step that could help the ecosystem gain significant traction.
Nilesh Lodaya, Chief of Business Development & New Projects at CDSL, highlighted India’s progress in building advanced and trusted securities markets over the last three and a half decades. He called the Accredited Investor framework an important step forward, designed to recognize sophisticated investors and give them access to tailored opportunities while strengthening efficiency and inclusivity.
Adding perspective from the portfolio management industry, Biharilal Deora, Chairman of APMI, said India’s adoption of the framework allows customized access to bespoke strategies while maintaining investor protection and market integrity. He emphasized that the move would unlock new opportunities for portfolio managers and deepen investor engagement.
Established in 1999, CDSL has become a cornerstone of India’s capital market infrastructure, managing over 16.31 crore demat accounts and partnering with more than 580 depository participants. It has received multiple awards for market innovation and infrastructure excellence. Its subsidiaries, including CDSL Ventures Limited, Centrico Insurance Repository Limited, and Countrywide Commodity Repository Limited, further extend its role in enabling inclusive financial services across markets.
