Computer Age Management Services Limited (CAMS), a leading technology-driven financial infrastructure and services provider, has executed a Business Transfer Agreement (BTA) for the transfer of its Payment Aggregator business to its wholly-owned subsidiary, CAMSPay. The agreement was signed on December 17, 2025, marking a significant milestone in the company's business restructuring initiative.

RBI Approval and Certificate Issuance

CAMS Payment Services Private Limited (CAMSPay) has received a Certificate of Authorisation bearing No. 268/2025 dated December 16, 2025, from the Reserve Bank of India. The RBI communicated this development to the company on December 17, 2025. Following the completion of procedural formalities within fifteen days, the existing Certificate of Authorisation bearing No. 183/2024 issued to Computer Age Management Services Limited will be cancelled.

Business Transfer Agreement Details

The company has executed the BTA on a slump sale basis with December 31, 2025, as the tentative closing date. Key details of the transaction include:

Financial Considerations and Valuation

The consideration for the transfer will not be less than the fair market value of the Payment Aggregator Business as determined under Rule 11UAE of the Income Tax Rules, 1962. The expected consideration is up to ₹8.50 crores, subject to any movement in working capital and other items during the intervening period up to completion.

Strategic Rationale

The Payment Aggregator Business currently operates as one of CAMS' business divisions, covering payment gateway and aggregation services, including collection, pooling, processing, and settlement of funds. The business serves a wide range of clients through integrations with banks, NPCI platforms, card networks, payment gateways, and technical service providers.

As a regulated entity under multiple regulators, CAMS aims to carve out its Payment Aggregator Business under its wholly-owned subsidiary on a going concern basis. This restructuring is expected to result in better administrative convenience and regulatory compliance, as this business is regulated by the Reserve Bank of India. The carve-out will enable better focus on regulatory compliance with a dedicated compliance officer and other Key Managerial Personnel.

Related Party Transaction

The transaction qualifies as a related party transaction between CAMS and CAMSPay, which is a wholly-owned subsidiary. Since the transaction is between the holding company and its wholly-owned subsidiary, and the entire economic value will remain with the holding company following the transfer, the arms-length principle is not applicable. The company has confirmed that there will be no change in the shareholding pattern pursuant to this slump sale.

Computer Age Management Services Ltd. (CAMS), a leading technology-driven financial infrastructure and services provider, witnessed a significant block trade on the National Stock Exchange (NSE) on Tuesday.

Block Trade Details

The block trade, valued at Rs. 54.19 crores, involved the exchange of approximately 141,983 shares of CAMS. The transaction was executed at a price of Rs. 3,816.90 per share.

Market Impact

Block trades of this magnitude often attract attention from market participants as they can potentially signal shifts in institutional holdings or strategic moves by large investors. However, it's important to note that the specific parties involved in this transaction and their motivations remain undisclosed.

About CAMS

Computer Age Management Services Ltd. is a technology-driven financial infrastructure and services provider to mutual funds and other financial institutions. The company plays a crucial role in India's financial services ecosystem, offering a range of services including:

• Transaction origination
• Transaction execution
• Payment
• Settlement
• Reconciliation

This block trade highlights continued interest in CAMS stock, which has been a notable player in India's growing mutual fund and financial services sector. Investors and market analysts will likely keep a close eye on any potential impact this transaction may have on the company's stock performance in the coming days.