CMS Info Systems Limited
PPFAS Mutual Fund increased its stake in CMS Info Systems from 7.97% to 9.83%, raising its shareholding from 13,124,573 to 15,738,696 shares. The value of the additional shares is ₹65.26 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.
Founded by Parag Parikh Financial Advisory Services, best known for the Parag Parikh Flexi Cap Fund which invests in both Indian equities and select global large-caps including Meta, Alphabet, and Microsoft. Manages over Rs 1.2 lakh crore with a concentrated, long-duration, value-focused approach. CIO Rajeev Thakkar is one of India's most respected investors with a Munger-influenced thinking style.