Computer Age Management Services Limited's board of directors has approved the re-appointment of Mr. Anuj Kumar as Managing Director during a board meeting held on December 22, 2025. The meeting commenced at 12:30 PM and concluded at 12:55 PM, with the decision made based on the recommendation of the Nomination and Remuneration Committee.

Re-appointment Details

The board has approved Mr. Kumar's re-appointment for a five-year term, demonstrating confidence in his leadership capabilities. The appointment details are outlined below:

The re-appointment includes remuneration terms and is subject to approval by the company's shareholders through a postal ballot process, as required under regulatory guidelines.

Professional Background and Qualifications

Mr. Anuj Kumar brings substantial experience and strong educational credentials to his role. His academic qualifications include:

• Bachelor's degree in Mechanical Engineering from Birla Institute of Technology, Ranchi
• Post Graduate Diploma in Management (PGDM) from IIM Kolkata

With over 24 years of professional experience, Mr. Kumar has worked across diverse organizations including:

• Godrej Boyce Manufacturing Company Limited
• Blow Plast Limited
• Escorts Finance Limited
• Bill Junction Payments Limited
• IBM India Private Limited
• Concentrix Daksh Services India Private Limited
• Computer Age Services Limited

Capital Markets Expertise

Mr. Kumar has been associated with the capital market for the last nine years and maintains close relationships with regulators, Asset Management Companies (AMCs), and the distributor community. This extensive network and deep understanding of the financial services sector positions him well to lead the company's strategic initiatives.

Regulatory Compliance

The company has confirmed that Mr. Anuj Kumar meets all regulatory requirements for the position. He is neither disqualified from being appointed as a Director under Section 164(2) of the Companies Act, nor debarred from holding the office of director by virtue of any SEBI order or other regulatory authority. Mr. Kumar has provided all necessary declarations and confirmations, including his consent to serve on the company's board.

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full transparency with stakeholders and regulatory bodies. The information is also available on the company's website at www.camsonline.com .

Computer Age Management Services (CAMS) has executed an agreement for the sale of its payment aggregator business unit to CAMSPAY. The transaction, with consideration expected to be up to ₹85.00 million, represents a strategic corporate restructuring initiative for the financial services company.

Transaction Details

The deal involves the complete transfer of CAMS' payment aggregator business operations to CAMSPAY. This strategic decision allows CAMS to streamline its operations while generating substantial value from its payment processing assets.

Strategic Implications

The divestiture of the payment aggregator business enables CAMS to focus resources on its core financial services operations. By selling this business unit to CAMSPAY, the company can concentrate on its primary revenue-generating segments while ensuring the payment aggregator business continues under specialized management.

Business Restructuring Impact

This transaction forms part of CAMS' broader corporate strategy to optimize its business portfolio. The executed agreement ensures continuity of payment aggregator services while allowing both companies to leverage their respective strengths in their specialized domains.

The completion of this deal will provide CAMS with additional capital that can be deployed toward strengthening its core business operations and exploring new growth opportunities in the financial services sector.