CMS Info Systems Limited
Kotak Mutual Fund increased its stake in CMS Info Systems from 4.59% to 4.99% by purchasing 437,221 additional shares. The value of this increase is approximately ₹10.87 Cr, calculated at a share price of ₹248.80.
India's largest cash management company, CMS Info Systems operates an extensive network of ATM and retail pick-up points nationwide. The company provides end-to-end outsourced installation, maintenance, and management of assets and technology solutions for banks, financial institutions, organized retail chains, and e-commerce companies. Its integrated approach to cash and asset management distinguishes it in the financial services infrastructure sector.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.