CDSC Launches Meroshare App; All Features Except My ASBA Are Available

Sep 17, 2020 10:23 AM Merolagani

Central Depository System and Clearing (CDSC) has launched a mobile application (App) to the general public for trial on Wednesday.

The app has all the features available on meroshare and CDSC website except for My ASBA feature. CDSC said that the left out feature will also available after some time in the App.

CDSC believes that the app will give many conveniences to investors. CDS urged investors to be careful while using the app as the transactions made through it will be official although it has been made public for trial.

Currently, the app is available on the Android operating system only. Soon it will be available on the iOS operating system as well added CDSC.

It has been providing services such as viewing the share details in beneficiary accounts, viewing portfolios of market value, calculation of the weighted average cost of shares owned, issuance of an electronic certificate for ownership transfer and application for primary shares.

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