Computer Age Management Services Limited has accepted the resignation of Kaushik Narayan Badri as Chief Executive Officer and Whole-Time Director of Fintuple Technologies Private Limited, effective July 20, 2026. The departure coincides with Computer Age Management Services Limited completing the acquisition of shares held by the founders of Fintuple, thereby converting the fintech firm into a wholly-owned subsidiary. This structural change marks the end of Badri’s tenure as a Senior Management Personnel (SMP) of the group.

The transition follows a communication dated July 20, 2026, wherein Computer Age Management Services Limited informed stakeholders of the share acquisition in accordance with the Shareholders Agreement. With Fintuple now fully integrated into the Computer Age Management Services Limited structure, Badri’s role became redundant or was restructured, leading to his exit. The company confirmed that the resignation is solely consequent to the sale of his shares as a founder and cited no other material reasons for the departure.

Regulatory Disclosures

Computer Age Management Services Limited filed the disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing specifically addresses changes in Senior Management Personnel. In compliance with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 14, 2024, the company submitted details regarding the cessation of Badri’s services.

The disclosure includes a copy of the resignation letter submitted by Badri to the Board of Directors of Fintuple Technologies Private Limited. In the letter, Badri cited "other preoccupations" as the reason for resigning from his positions as CEO and Whole-Time Director. He requested an acknowledgement of receipt and confirmation of the e-Form DIR-12 filing with the Registrar of Companies.

Key Details of Resignation

Strategic Context

The acquisition of Fintuple Technologies Private Limited represents a strategic consolidation for Computer Age Management Services Limited, bringing the digital lending platform entirely under its ownership. The departure of the founding CEO is a standard procedural outcome following such buyouts, where leadership transitions often accompany full integration. Computer Age Management Services Limited has uploaded the intimation on its website, ensuring transparency for investors and regulators regarding the change in key management personnel.

Computer Age Management Services Limited has completed the acquisition of shares held by the founders of Fintuple Technologies Private Limited for a consideration of Rs 96.67 Lacs. Consequent to this acquisition, Fintuple has become a wholly-owned subsidiary of CAMS . The transaction was executed in accordance with the terms of the Shareholders agreement.

The acquisition follows the company's earlier communication dated May 4, 2026, regarding the outcome of the meeting. Detailed disclosures pertaining to the acquisition, as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, were submitted to the stock exchanges on the same date.

Transaction Details

The intimation regarding the completion of the acquisition has been made available on the company's website. The filing was signed by G Manikandan, Company Secretary and Compliance Officer of Computer Age Management Services Limited.