Off-Market Annexure CDSL & NSDL

In India, NSDL and CDSL are the depositories managing the electronic storage and transfer of securities. For shares not listed on any stock exchange, transactions are carried outside the stock exchange. This is called off market transaction usually carried out for reasons like market sale, exit offer, gifting, or share transfer between two demat accounts of the same person. Therefore, an Off-Market Annexure is mandatory to be filed and submitted with DIS (Delivery Instruction Slip).