FMR LLC and FIL Limited Reduce Stake in Computer Age Management Services to 8.07%

Computer Age Management Services Limited (CAMS), a key player in the Indian financial services sector, has seen a significant change in its shareholding structure. FMR LLC and FIL Limited, along with their subsidiaries, have reduced their stake in the company from 10.077% to 8.07%.

Stake Reduction Details

The reduction in shareholding occurred through a combination of open market transactions and inter-se transfers:

Total shares sold: 959,623
Open market transactions: 868,156 shares
Inter-se transfers: 91,467 shares

The disposal resulted in a decrease of the companies' total shareholding from 4,952,082 shares to 3,992,459 shares.

Fund-wise Breakdown

The holdings are managed through various funds, with Fidelity Emerging Markets Fund maintaining the largest portion at 2.79%. Here's a breakdown of the top holdings:

Fund Name	Shares Held	% of Shares
Fidelity Emerging Markets Fund	1,378,600	2.79
Fidelity International Discovery Fund	828,700	1.67
Strategic Advisers Fidelity Emerging Markets Fund	470,400	0.95
Fidelity Emerging Asia Fund	299,371	0.61
Fidelity Emerging Markets Discovery Fund	250,410	0.51

Regulatory Compliance

The transaction was reported in accordance with regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 2011. The regulatory filing was submitted to both the National Stock Exchange of India and BSE Limited, where CAMS is listed.

Impact on Share Capital

Following this transaction, the equity share capital of Computer Age Management Services Limited stands at 49,474,767 shares, as per the latest filing to the Stock Exchange under Clause 35 of the listing Agreement.

This move by FMR LLC and FIL Limited represents a significant shift in the ownership structure of CAMS, potentially impacting the company's investor composition and market perception.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.63%	+0.48%	-3.07%	-9.91%	-22.76%	+126.34%

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:

Parameter:	Details
Agreement Date:	December 17, 2025
Closing Date:	December 31, 2025 (tentative)
Transaction Type:	Slump sale basis
Buyer:	CAMSPay (wholly-owned subsidiary)
Expected Consideration:	Up to ₹8.50 crores

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.