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Computer Age Management Services Limited — Capital/Financing Update 2025
Jul 29, 2025
61773_rns_2025-07-29_de2d7501-6095-46ff-acdd-d14f2af08c48.pdf
Capital/Financing Update
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29[th] July 2025
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| BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street Mumbai 400 001 Scrip Code:543232 |
National Stock Exchange of India Limited Exchange Plaza, 5th floor, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400 051 Trading Symbol:CAMS |
|---|---|
Dear Sir / Madam,
Sub: Business Update – Acquisition of the business of KYC Registration Agency(“KRA”) from NSE DATA & ANALYTICS LIMITED
We would like to inform that the Board of Directors of CAMS Investor Services Private Limited, (“CAMS KRA”), a wholly owned subsidiary of the company at their meeting today has approved the signing of a Business Transfer Agreement (“BTA”) with NSE DATA & ANALYTICS LIMITED (NSEDAL) under which CAMSKRA will acquire the business of KYC Registration Agency carried out by NSEDAL. The Business undertaking relating to this business of NSEDAL is being acquired as a going concern and by way of a Slump Sale.
Consequent to this and after signing of the BTA, the KRA business so far carried out by NSEDAL will be transferred to and carried out by CAMSKRA. The above referred business acquisition is expected to enhance the base of the investor data held by CAMSKRA and consequently expected to result in increased revenues and profitability. An update post signing of the BTA will be furnished in due course.
CAMSKRA, has been carrying on the KRA business unit for more than a decade and is the second-largest licensed KYC Registration Agency (KRA) for the capital markets. CAMSKRA also offers industry’s-first AIintegrated KYC solution to instantly onboard customers. It features AI-assisted Face match, OCR and Liveliness checks and built-in OVD verification services along with a Low Code Design Studio that introduces Video Interaction App (VIA) in any web or mobile app.
Details as per Master circular Ref No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11[th] November 2024 is provided in the Annexure A attached herewith.
| Date of occurrence of event / information | 29thJuly, 2025 |
|---|---|
| Time of occurrence of event / information | 7.00 PM End time of the Board Meeting of subsidiary for the approvalofthe transaction. |
This is for your information and records.
Thanking you, Yours faithfully, For Computer Age Management Services Limited Manikandan Digitally signed by Manikandan Gopalakrishnan Gopalakrishnan Date: 2025.07.29 19:17:44 +05'30' G Manikandan Company Secretary and Compliance Officer Encl.: a/a
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Annexure – A
Details as required to be disclosed as per the LODR Regulations as per Master circular Ref No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11[th] November 2024
Details relating to the Agreement.
| Sr. No. |
Particulars | Details |
|---|---|---|
| 01 | Name(s) of parties with whom the agreement is entered; |
NSE Data and Analytics Limited, Mumbai (NSEDAL) |
| 02 | Purpose of entering into the agreement; |
The Business Transfer Agreement is being signed by a wholly owned subsidiary, under which the business of KYC Registration agency so far carried out by NSEDAL will be transferred to CAMS Investor Services Private Limited. |
| s03 | Shareholding, if any, in the entity with whom the agreement is executed; |
The company or the subsidiary do not have any shareholding in the entity with whom the agreement is being executed. |
| 04 | Significant terms of the agreement (in brief) special rights like right to appoint directors, the first right to share subscription in case of issuance of shares, right to restrict any change in capital structure etc.; |
- The business Undertaking of NSEDAL is being acquired as a going concern and by way of a Slump Sale. - With effect from the effective the KRA business so far carried out by NSEDAL will be carried out by CAMSKRA. - The employees engaged in the business of KRA at NSEDAL will be transferred to the roles of CAMSKRA. |
| 05 | Whether the said parties are related to promoter/promoter group/ group companies in any manner. If yes, nature of relationship; |
No. |
| 06 | Whether the transaction would fall within related party transactions? If yes, whether the same is done at “arm’s length;” |
No. |
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| Sr. No. |
Particulars | Details |
|---|---|---|
| 07 | In case of issuance of shares to the parties, details of issue price, class of shares issued; |
No issuance of shares is involved |
| 08 | Any other disclosures related to such agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc.; |
No other disclosures |
Details of the business acquired
| Sr. No. |
Particulars | Details |
|---|---|---|
| (a) | Name of the target entity, details in brief such as size, turnover etc. |
The transaction pertains only to acquisition of the KYC Registration business carried on by NSEDAL. The entity/shareholding is not acquired. The Business Transfer Agreement is being signed under which the business of KYC Registration agency so far carried out by NSE Data and Analytics Limited, will be transferred to CAMS Investor Services Private Limited. The indicative turnover relating to the business acquired is as below: In lakhs Year Revenue Profit/(Loss) 2024-25 276 (259) 2023-24 194 (150) 2022-23 144 35 |
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| Sr. No. |
Particulars | Details |
|---|---|---|
| (b) | Whether the acquisition would fall within related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” |
The company do not have any identified promoter/ promoter group. The company, its subsidiaries or the group companies have no interest in the entity from whom the business is acquired. |
| (c) | Industry to which the entity being acquired belongs |
The business that is being acquired is KYC Registration Agency, which is a business regulated by the Securities and Exchange Board of India under SEBI (KYC Registration Agency) Regulations, 2011. |
| (d) | Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity) |
The business is being acquired with the intent to enhance the subsidiary’s revenue generating capabilities, enhance the number of investor records held by it in its KRA business |
| (e) | Brief details of any governmental or regulatory approvals required for the acquisition |
The subsidiary is registered with SEBI under SEBI (KYC Registration Agency) Regulations, 2011 for carrying on the business that is being approved. NSEDAL will surrender the KRA License held by it for carrying on the business as part of the transfer of the business. The transaction will be subject to SEBI approval under SEBI (KYC Registration Agency) Regulations, 2011. |
| (f) | Indicative time period for completion of the acquisition |
180 days from the signing of agreement, subject to approval from SEBI. The said time period may be extended with mutual consent of the parties. |
| (g) | Nature of consideration - whether cash consideration or share swap and details of the same |
The consideration for the business transfer will be paid in cash and no shares issue or swap is involved. |
| (h) | Cost of acquisition or the price at which the shares are acquired |
Business consideration is Rs. 700 lacs. The transaction does not involve acquiring any shares. |
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| Sr. No. |
Particulars | Details |
|---|---|---|
| (i) | Percentage of shareholding / control acquired and / or number of shares acquired |
Not applicable |
| (j) | Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief) |
One of the activities carried on by NSE DAL is KYC Registration Agency (KRA). It commenced its operations on March 06, 2012, and has about 13 Lakhs KYC records. NSE DAL has other businesses and only the KRA business is being acquired as a slump sale. The detail of the turnover relating to this business is provided under sl. No (a) in this disclosure. The business is carried out only in India. |
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