PPFAS Asset Management Private Limited has disclosed a substantial acquisition of shares in cms info systems Limited under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was made on March 27, 2026, following the acquisition of additional shares through its mutual fund schemes.

Share Acquisition Details

PPFAS Mutual Fund acquired 1,50,000 shares of CMS Info Systems through open market purchase on March 24, 2026. The acquisition represents 0.09% of the company's total share capital and voting rights.

Holdings Comparison

The acquisition has increased PPFAS Mutual Fund's total shareholding in CMS Info Systems from 7.88% to 7.97%.

Company Share Capital Structure

CMS Info Systems maintains a stable equity share capital structure with no changes reported following this acquisition.

Regulatory Compliance

The disclosure was made by Ms. Priya Hariani, Chief Compliance Officer and Company Secretary of PPFAS Asset Management Private Limited, in compliance with Regulation 29(2) of SEBI Takeover Regulations. PPFAS Mutual Fund does not belong to the promoter or promoter group of CMS Info Systems Limited.

The acquisition strengthens PPFAS Mutual Fund's position in CMS Info Systems while maintaining compliance with regulatory disclosure requirements for substantial shareholding changes.

CMS Info Systems Limited has announced the successful completion of its postal ballot process for the appointment of Ms. Vidya Krishnan as an Independent Director. The resolution was passed with overwhelming shareholder support, demonstrating strong confidence in the proposed appointment.

Postal Ballot Process and Timeline

The postal ballot process was conducted entirely through remote e-voting, following the guidelines issued by the Ministry of Corporate Affairs. The company issued the Postal Ballot Notice on February 12, 2026, with February 13, 2026, serving as the cut-off date for determining eligible shareholders.

Voting Results and Shareholder Participation

The postal ballot witnessed significant participation from shareholders, with 520 members casting their votes through the remote e-voting platform. The resolution received exceptional support across all categories of shareholders.

Category-wise Voting Pattern

The voting pattern across different shareholder categories demonstrated unanimous support for the appointment:

Public Institutions

• Shares Held: 99,407,717
• Votes Polled: 90,895,430 (91.44% of holdings)
• Support: 100.00% in favor

Public Non-Institutions

• Shares Held: 65,064,824
• Votes Polled: 10,984,882 (16.88% of holdings)
• Support: 99.96% in favor

Scrutinizer's Report and Compliance

CS Mukesh Siroya (ICSI Membership No. FCS 5682), proprietor of M/s. M. Siroya & Company, Practicing Company Secretaries, Mumbai, served as the scrutinizer for the postal ballot process. The scrutinizer submitted his report on March 24, 2026, confirming that the resolution was passed with the requisite majority as a Special Resolution.

The company has complied with all regulatory requirements under Section 108 of the Companies Act, 2013, and Regulation 44 of the SEBI Listing Regulations. The voting results and scrutinizer's report have been uploaded on the company's website and the e-voting platform of Central Depository Services Limited.

About the Appointment

Ms. Vidya Krishnan (DIN: 09669166) has been appointed as an Independent Director of CMS Info Systems Limited. The appointment was proposed as a Special Resolution, indicating its significance for the company's governance structure. The overwhelming shareholder approval reflects confidence in her potential contribution to the company's board.