Computer Age Management Services Ltd: Step-Down Subsidiary Liquidated

Computer Age Management Services Limited (CAMS) has announced the voluntary liquidation and dissolution of its step-down subsidiary, M/s. Think Analytics Consultancy Services Private Limited (TACS). The liquidation was carried out under Section 59 of the Insolvency and Bankruptcy Code, 2016, and has been ordered by the National Company Law Tribunal, Mumbai Bench. CAMS has stated that TACS was not a material subsidiary and its dissolution will not impact the company's revenue, profitability, operations, or overall business. The company has filed this intimation with the exchange and uploaded it on its website.