CDS and Clearing Limited, a company established under the Company Act, is a company promoted by Nepal Stock Exchange Limited (NEPSE) in 2010 to provide centralized depository, clearing and settlement services in Nepal. The company is inaugurated on 31st March 2011. The main objective of the company is to act as a central depository for various instruments (Equity, Bonds, and Warrants etc) especially to handle securities in dematerialized form. This organization is entrusted with the safekeeping, deposit, and withdrawal of securities certificates and transfer of ownership/rights of the said instruments. The depository functions will be performed by the company under the securities regulations of Securities Board of Nepal (SEBON).CDSC is a wholly owned subsidiary company of Nepal Stock Exchange Ltd. (NEPSE) which was established on 7th Poush 2067.
CDSC plays a critical role in Nepal’s capital market infrastructure by ensuring secure, transparent and efficient settlement of trades. Without CDSC, modern stock exchange operations and dematerialized share ownership would not be possible.
It is Nepal’s official securities depository responsible for settlement and record keeping.
It is a subsidiary company promoted by NEPSE, Nepal’s national stock exchange.
It eliminates paper certificates and enables secure digital share ownership.