FMR LLC and FIL Limited Reduce Stake in Computer Age Management Services to 8.07%
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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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.03% | +0.38% | -0.95% | +12.69% | -14.61% | +175.43% |