CMS Info Systems Limited
Aditya Birla Sun Life Mutual Fund decreased its stake in CMS Info Systems from 1.38% to 1.10%, selling 503,349 shares. The value of the shares sold is ₹12.53 Cr at ₹248.80 apiece.
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.
Joint venture between Aditya Birla Capital and Sun Life Financial of Canada. Among India's top five AMCs with over Rs 6.5 lakh crore in AUM across 100+ schemes. MD and CEO A. Balasubramanian is one of the most outspoken fund industry voices in India. CIO Mahesh Patil oversees the equity book with a consistent large and multicap tilt.