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

1 min read     Updated on 15 Sept 2025, 06:15 PM
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Radhika SahaniScanX News Team
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Overview

FMR LLC and FIL Limited, along with their subsidiaries, have decreased their shareholding in Computer Age Management Services Limited (CAMS) from 10.077% to 8.07%. The reduction involved selling 959,623 shares through open market transactions and inter-se transfers. Fidelity Emerging Markets Fund remains the largest holder among these entities with a 2.79% stake. The transaction was reported in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

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.

Historical Stock Returns for Computer Age Management Services

1 Day5 Days1 Month6 Months1 Year5 Years
+0.03%+0.38%-0.95%+12.69%-14.61%+175.43%
Computer Age Management Services
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CAMS Secures RBI Approval for Payment Aggregator Business Transfer to CAMSPay

1 min read     Updated on 20 Aug 2025, 06:08 PM
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Reviewed by
Ashish ThakurScanX News Team
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Overview

Computer Age Management Services Limited (CAMS) has received approval from the Reserve Bank of India to transfer its online payment aggregator activities to its wholly-owned subsidiary, CAMSPay. The transfer will be executed after obtaining necessary approvals. CAMS will surrender its current Certificate of Authorisation for the payment aggregator business to the RBI upon completion of the transfer.

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*this image is generated using AI for illustrative purposes only.

Computer Age Management Services Limited (CAMS), a leading technology-driven financial infrastructure and services provider, has announced a significant development in its business structure. The company has received approval from the Reserve Bank of India (RBI) to transfer its payment aggregator business to its wholly-owned subsidiary, CAMSPay.

RBI Approval and Business Transfer

According to a disclosure made by CAMS under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements, the company received a no-objection letter from the RBI on August 20, 2025. This approval allows CAMS to transfer its online payment aggregator activities to CAMS Payment Services Private Limited (CAMSPay), a wholly-owned subsidiary of the company.

Next Steps

The company stated that the transfer of the payments business from CAMS to CAMSPay will be executed in due course, following the receipt of requisite approvals. This strategic move is expected to streamline CAMS' business operations and potentially enhance its focus on core services.

Regulatory Compliance

CAMS announced that following the completion of this business transfer, the company will voluntarily surrender its current Certificate of Authorisation for the payment aggregator business to the RBI. This step ensures compliance with regulatory requirements and aligns with the restructuring of its payment services division.

Impact on Stakeholders

While the financial implications of this transfer have not been disclosed, this move is likely to be of interest to CAMS' shareholders and clients. The creation of a dedicated subsidiary for payment aggregator services could potentially lead to more focused growth and development in this specific business segment.

The market will be watching closely to see how this restructuring impacts CAMS' overall business strategy and financial performance in the coming quarters. Investors are advised to keep an eye on further announcements and financial reports from the company for a comprehensive understanding of the impact of this business transfer.

Historical Stock Returns for Computer Age Management Services

1 Day5 Days1 Month6 Months1 Year5 Years
+0.03%+0.38%-0.95%+12.69%-14.61%+175.43%
Computer Age Management Services
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