CDSC Informs Service Disruption Due to Power Outage at GDIC; Settlement Delayed
Fri, Apr 18, 2025 11:07 AM on Stock Market, National, Latest,

CDS and Clearing Limited (CDSC) has formally notified stakeholders of a temporary disruption in its services due to a power outage at the Global Data Insurance Company (GDIC), which supports the company’s infrastructure.
As a result of the disruption, the settlement process scheduled for today has been delayed. According to the notice issued by CDSC, GDIC has indicated that it may take a few hours to fully restore power and resume normal operations.
CDSC stated that it is actively monitoring the situation and coordinating closely with GDIC to resolve the issue at the earliest. The company has assured market participants that they will be promptly informed once the system is restored and services resume.