R. S. Software (India) Limited Notifies Exchanges of Registrar & Share Transfer Agent Merger
R. S. Software (India) Limited has informed the stock exchanges that its RTA, M/s. C. B. Management Services Private Limited (SEBI Reg. No. INR000004440), will voluntarily surrender its registration following a merger with M/s. MUFG Intime India Private Limited (SEBI Reg. No. INR000004058). The merger, approved under a Scheme of Merger by Absorption by the Regional Director (WR), Registrar of Companies, Mumbai, was publicly notified on May 14, 2026. Investor services for all client companies of C. B. Management Services Private Limited will continue uninterrupted from the same Kolkata address under MUFG Intime India Private Limited.

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R. S. Software (India) Limited has notified the stock exchanges of a significant administrative development concerning its Registrars & Share Transfer Agents (RTA). The company communicated, via a letter dated May 18, 2026, signed by CFO & Company Secretary Vijendra Kumar Surana, that its RTA M/s. C. B. Management Services Private Limited is set to merge with M/s. MUFG Intime India Private Limited, following a public notice dated May 14, 2026.
RTA Merger Details
The merger has been approved under a Scheme of Merger by Absorption sanctioned by the Regional Director (WR), Registrar of Companies, Mumbai. The key details of the merger are outlined below:
| Parameter: | Details |
|---|---|
| Transferor RTA: | M/s. C. B. Management Services Private Limited |
| Transferor SEBI Registration No.: | INR000004440 |
| Transferor Registered Office: | C-101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai - 400083 |
| Transferee RTA: | M/s. MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) |
| Transferee SEBI Registration No.: | INR000004058 |
| Public Notice Date: | May 14, 2026 |
| Notice Published In: | Financial Express (Mumbai), Aajkal Bengali Daily |
Voluntary Surrender of SEBI Registration
As a consequence of the merger, M/s. C. B. Management Services Private Limited, Kolkata, holding SEBI Registration No. INR000004440 as a Registrars to an Issue & Share Transfer Agents (RTA) — Category I, intends to voluntarily surrender its certificate of permanent registration. The merger results in the absorption of C. B. Management Services Private Limited into MUFG Intime India Private Limited, which holds SEBI Registration No. INR000004058.
Continuity of Investor Services
Investors of all client companies of C. B. Management Services Private Limited will continue to be serviced without interruption. MUFG Intime India Private Limited will handle investor services from the same address:
- Address: Rasoi Court, 5th Floor, 20 Sir R. N. Mukherjee Road, Kolkata - 700001
- Helpline: (033) 6906 6200
- Email: investor.helpdesk@in.mpms.mufg.com
Exchange Communication
The notification was addressed to the Bombay Stock Exchange Ltd. and the National Stock Exchange of India Ltd. The letter was digitally signed by Vijendra Kumar Surana, CFO & Company Secretary of R. S. Software (India) Limited, on May 18, 2026. The public notice on behalf of C. B. Management Services Private Limited was signed by Director Sanjeev M. Nandu, dated May 14, 2026, from Mumbai.
Historical Stock Returns for RS Software
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.27% | -2.42% | -20.92% | -35.63% | -47.06% | +17.59% |
How might the consolidation of RTA services under MUFG Intime India Private Limited affect the quality and efficiency of investor services for R. S. Software shareholders in the long term?
Could the broader trend of RTA consolidation in India's financial services sector lead to regulatory concerns about reduced competition and increased systemic risk?
What implications does MUFG's expanding footprint in India's registrar and share transfer agent market have for its competitive positioning against other major RTAs like KFin Technologies and CAMS?


































