CMS Info Systems Limited
ICICI Prudential Mutual Fund reduced its stake in CMS Info Systems from 5.29% to 3.23% by selling 33,78,195 shares for ₹139.09 Cr at ₹411.73 apiece via an open market transaction, crossing the 5% disclosure threshold.
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.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.