CAMS subsidiary secures IFSCA approval for KYC agency

cams Investor Services Private Limited, a wholly owned subsidiary of Computer Age Management Services Limited, has received approval from the International Financial Services Centres Authority (IFSCA) to operate as a KYC Registration Agency in GIFT City. The approval, granted under the IFSCA (KYC Registration Agency) Regulations 2025, is permanent and authorizes the subsidiary to undertake KYC activities. This regulatory clearance allows the entity to leverage the supportive environment and global connectivity of GIFT City to serve clients.

The approval was received from the Officer Development Commissioner, GIFT SEZ, Gandhinagar, and IFSCA Gift City. The company stated that the presence in this financial hub offers advantages such as expansion opportunities, access to global markets, and streamlined administrative processes. The move is driven by substantial demand for KYC services in a business-friendly regulatory environment.

Regulatory Details

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details of the approval were provided in accordance with SEBI circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Particulars	Details
Name of the regulatory or licensing authority	International Financial Services Centres Authority
Brief details of the approval	Approval from IFSCA Gift City to undertake activities of KYC Registration Agency as per the IFSCA (KYC Registration Agency) Regulations 2025
Impact/relevance of approval	Expansion and access to global markets, supportive regulatory environment, global connectivity, and streamlined administrative processes
Period for which approval is valid	Permanent

The subsidiary is now positioned to offer KYC Registration Agency services, utilizing the infrastructural benefits of the GIFT SEZ to enhance its service offerings.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.44%	-0.96%	+5.44%	+8.69%	-5.69%	+37.28%

CAMS has launched CAMS Digital Solutions, a dedicated platform designed to support data center developers and infrastructure partners in securing and operating reliable power solutions. This strategic move responds to a significant expansion in U.S. electricity demand, which is being driven largely by the rapid buildout of data centers. The new platform positions CAMS at the forefront of the convergence between digital infrastructure and energy infrastructure.

The platform will leverage CAMS's expertise in the development, management, optimization, and operation of power generation assets. CAMS Digital Solutions aims to provide comprehensive support across the entire lifecycle of energy infrastructure projects. The services are structured to address the specific needs of digital infrastructure, ensuring reliability and scalability.

Service Offerings

CAMS Digital Solutions will provide a range of services tailored to the data center sector:

Strategic advisory and technical expertise for project development and structuring, including site selection, land and environmental permitting, construction oversight, and accounting.
Operational readiness, asset management, and performance optimization services.
Integration support between power infrastructure and data center requirements.
Ongoing operational expertise to ensure reliability, efficiency, and uptime.

Leadership

The new platform will be led by Dan Consie, Executive Vice President – Digital Solutions. Consie is a 35-year veteran of the power generation industry and has held executive and corporate officer roles in Asset Management and Operations & Maintenance. He holds a degree in Mechanical Engineering from the U.S. Naval Academy. Under his leadership, the platform will unify capabilities across the organization to support both pre-commercial planning and long-term operations of energy assets serving digital infrastructure.