Daulat Securities Limited, established in 1992, operates primarily in stock broking, mutual fund distribution, and depository services. As a recognized member of the National Stock Exchange, the company also functions as a Depository Participant with the National Securities Depository Limited (NSDL), offering depository services to trading members. In 2013-14, to comply with SEBI regulations, Daulat Securities updated its Memorandum of Association to explicitly include depository services as a main business objective. This adjustment ensures the company can maintain and renew its depository membership with organizations like NSDL and Central Depository Services (India) Limited (CDSL). Through these memberships, Daulat Securities is authorized to conduct and manage a range of activities related to depository services, including depository clearing, custodian clearing, and professional clearing services, thus enhancing its service offerings in the financial markets.
