Stock Holding Corporation of India Ltd.(SHCIL)
SHCIL was promoted by the public financial institutions and incorporated as a limited company on July 28, 1986. SHCIL provides post trading and custodial services to institutional investors, mutual funds banks and insurance majors. SHCIL is one of the largest Depository Participant & investment solution provider having a strong Retail Segment base. Over 1500 professionals service SHCIL's clientele through 254 branches spread across the country.
SHCIL Projects Ltd. (SPL)
SPL is 100% subsidiary of Stock Holding Corporation of India Ltd. (SHCIL) established in 2006. SPL provides
I. End to End Document Management Solutions
II. Information Technology enabled Services(ITeS)
SHCIL Projects Ltd. (SHCIL IR) has been granted certificate of registration to act as Insurance Repository by IRDA vide circular No. IRDA/ADMN/GDL/GLD/080/04/2011 dated 29th April 2011.Which would benefit the Policy Holder and Insurance Company at large. SHCIL IR has successfully implemented the Repository activities under the Regulator's Guidance. The same is already launched. With proven track record, SPL is committed to offer best of the Insurance Repository Services to match the industry.

The objective of creating an insurance repository is to provide policyholders a facility to keep insurance policies in electronic form and to undertake changes, modifications and revisions in the insurance policy with speed and accuracy in order to bring about efficiency, transparency and cost reduction in the issuance and maintenance of insurance policies.