Computer Age Management Services Ltd

Computer Age Management Services will hold a meeting of the Board of Directors of the Company on 5 May 2025.Powered by Capital Market - Live

Computer Age Management Services has allotted 24,290 equity shares of Rs.10/- each fully paid up to the eligible employees of the company pursuant to exercise of the vested options under its Employees Stock Option Scheme 2024. In view of the above the issued and paid-up equity share capital of the Company stands increased to Rs. 49,42,98,490/- consisting of 4,94,29,849 equity shares of Rs. 10/- each. Powered by Capital Market - Live

Computer Age Management Services has fixed 07 February 2025 as record date for interim dividend of Rs 17.50 per equity share.Powered by Capital Market - Live

Computer Age Management Services announced that the Board of Directors of the Company at its meeting held on 29 January 2025, has recommended a Interim dividend of Rs.17.50 per share (i.e.175%), subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Computer Age Management Services rose 40.54% to Rs 125.49 crore in the quarter ended December 2024 as against Rs 89.29 crore during the previous quarter ended December 2023. Sales rose 27.64% to Rs 369.74 crore in the quarter ended December 2024 as against Rs 289.68 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales369.74289.68 28 OPM %46.7444.66 - PBDT185.62137.17 35 PBT166.10118.72 40 NP125.4989.29 41 Powered by Capital Market - Live

CAMS FIS, incorporated as a wholly owned-subsidiary, provides a platform service that allows consenting customers' financial assets data to be shared with authorized Financial Information Users (FIUs) from Financial Information Providers (FIPs). For financial year 2023-24, CAMS FIS reported a turnover of Rs 68.01 lakh, up from Rs 2.66 lakh in FY23 and Rs 0.25 lakh in FY22. The primary objective of additional investment is to maintain the minimum net worth to be maintained at all times as per aggregator regulation of Rs 2 crore. Accordingly, it is proposed to infuse further capital by the company within December 2024. The investment will be made in one or more tranches and first tranche of Rs 4 crore will be completed by 31 December 2024. Separate filings will be done when additional tranches are made. The investment is classified as a related party transaction, but the company clarified that the transaction is at arm's length. CAMS holds shares in CAMS FIS, but apart from this, it has no other interest in the subsidiary. CAMS, a leading financial infrastructure provider, offers a wide range of services to the asset management, BFSI, and alternative investment sectors. As India's largest registrar and transfer agent for mutual funds with a market share of over 68%, CAMS serves many of the largest mutual funds in the country. Additionally, the company provides comprehensive solutions for alternative investment funds, portfolio managers, KYC, payments, insurance, and pension schemes. CAMS has also expanded its capabilities through strategic acquisitions in data science, AI, and digital transformation. The company's consolidated net profit surged 44.2% to Rs 120.83 crore in Q2 FY25 as compared to Rs 83.78 crore posted in Q2 FY24. Revenue from operations jumped 32.8% YoY to Rs 365.17 in the quarter ended 30 September 2024. The scrip had advanced 1.85% to end at Rs 5,040.85 on the BSE on Friday. Powered by Capital Market - Live

The Board of Computer Age Management Services at its meeting held on 28 December 2024 has approved to make an additional investment of Rs 8 crore by way of subscribing to the equity shares through rights issue made by CAMS Financial Information Services (CAMS FIS), a wholly owned subsidiary of the Company. This investment will be made in one or more tranches. Powered by Capital Market - Live

Computer Age Management Services will hold a meeting of the Board of Directors of the Company on 29 January 2025.Powered by Capital Market - Live

Computer Age Management Services has allotted 82,806 equity shares under ESOS. With this allotment, the paid up equity share capital has increased to Rs. 49,36,57,590/- consisting of 49365759 equity shares of Rs. 10/- each. Powered by Capital Market - Live

Computer Age Management Services and KFin Technologies announced the formation of a Joint Venture Company for MF Central. The company will jointly focus on all development aspects of MF Central for technology, sales and marketing and will further augment the mutual fund investment process for investors and expand the intermediary service suite. CAMS and KFintech, as part of SEBI's initiative in April 2021, conceptualised a unified platform - MF Central, for improving the ease of doing business for retail investors. MF Central is a centralized platform that provides investors with a single access point to transact in mutual funds across multiple fund houses for investor convenience and to significantly augment the suite of services available to investors online. In Phase 1, MF Central launched Non-Financial Transactionsin September 2021 and subsequently launched the mobile app and the full range of financial transactions for investors in 2023. Having witnessed a phenomenal response and success with over 2.5 million users, MF Central is now being formalized into a stand-alone entity with equal ownership by both RTAs. APIs for Consolidated Accounts Statement (CAS) commercially offered to Mutual Fund Distributors / RIA have seen significant interest and uptake by the fast-growing digital intermediaries. By delivering over 50 million personalised statements, which give a unified view of the investors' holdings, intermediaries have been enabled to offer customized products on the fly. MFCentral has developed various APIs to support Mutual Fund Distributors and Registered Investment Advisors (RIAs). These include Non-Financial Transaction APIs, Financial Transaction APIs and Information-Only APIs, such as for Capital Gains and Distributor-level CAS. The transactional APIs offered by MF Central will be the first in the market to enable transaction acceptance with full validation, catering to the fast-evolving needs of mutual fund-related services like Loan Against Mutual Funds. Additionally, MF Central has introduced a seamless API journey for banks, NBFCs and loan service providers, marking the first industry-wide API to enable a standardized pledging process across all AMCs. Powered by Capital Market - Live