CDSL and NSDL launch new apps, e-voting will be easier

Central Depository Services (CDSL) and National Securities Depository (NSDL) have launched new features in their investor app for investors, which will simplify the choices made by shareholders during voting on company issues.

This facility is accessible to the investors in CDSL's MyEasi application and NSDL's Speed-e application. It combines the suggestions and guidance of proxy advisory companies directly on the e-voting portal. This facility will be initiated from 7 July 2025. The primary benefit to investors would be that they will now be able to view the guidance of experts on proposals made by the company. For this, shareholders would not have to look at various websites anymore.

This will also enable them to cast their votes. This app is regulated by SEBI. Earlier, such a facility was mainly available for institutional investors. While retail investors had to visit the website of many proxy advisory firms for advice and recommendations before voting. Through this app, all small and big shareholders will be able to see the advice given by the expert and take appropriate decisions.

On this occasion, a microsite was also launched to provide information about the capital market to all small and big investors. This website is available in 7 regional languages, where complete information about the capital market and investment will be given by experts. Its main objective is to provide correct information about the market and make their investment easier for the growing young investors and women in the country.