Investment25 Sept 2025, 02:55 pm
Computer Age Management Services Infuses INR 4 Crores in Subsidiary CAMS Financial Information Services
AI Summary
Computer Age Management Services Ltd. (CAMS) has invested INR 4 Crores in its wholly owned subsidiary, CAMS Financial Information Services Private Limited (CAMSFIS). This investment is within the pre-approved limits of INR 8 Crore by the Board at its meeting held on December 28, 2024. The objective is to maintain the minimum net worth to be maintained at all times as per Account Aggregator regulation. CAMS FIS offers a platform service that shares financial assets data from a set of Financial Information Providers to authorized Financial Information Users.
Key Highlights
- CAMS has invested INR 4 Crores in its subsidiary, CAMS Financial Information Services Private Limited (CAMSFIS)
- This investment is within the pre-approved limits of INR 8 Crore by the Board
- The objective is to maintain the minimum net worth to be maintained at all times as per Account Aggregator regulation
- CAMS FIS offers a platform service that shares financial assets data from a set of Financial Information Providers to authorized Financial Information Users