Deals2 Sept 2025, 05:00 pm
CMS Info Systems Confirms Winning Contract for 1,000 ATMs, Not Material in Nature
AI Summary
CMS Info Systems Ltd has confirmed a media report about winning a contract for managing 1,000 ATMs for India Post Payment Bank. The contract, won through the Government of India’s ‘GEM portal’, is part of the company's existing order book and not deemed 'material' as per industry standards. The company manages over 73,000 ATMs across India and post the AGS issue, the focus has been on ensuring service continuity and customer transition. The contract was cited as an example of these efforts.
Key Highlights
- CMS Info Systems has confirmed winning a contract for managing 1,000 ATMs for India Post Payment Bank.
- The contract was won through the Government of India’s ‘GEM portal’ and is part of the company's existing order book.
- The contract is not deemed 'material' as per industry standards and the company manages over 73,000 ATMs across India.
- The company's primary focus post the AGS issue has been on ensuring service continuity and customer transition.
- The contract was cited as an example of the company's efforts towards these goals.