CMS Info Systems Limited has informed the Exchange about acquisition of underlying operating assets pertaining to the ATM Management solutions business of Financial Software and Systems Private Ltd. ( FSS ) along with novation of customer contracts. (Approximately 8,000 ATM)
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CMS Info Systems Limited has received board approval to acquire the underlying operating assets of the ATM Management solutions business of Financial Software and Systems Private Ltd (FSS). The deal includes novation of all underlying customer contracts covering approximately 8,000 ATMs. The total purchase consideration is up to ₹115 crores. The transaction is not a related party transaction, and FSS does not have any shareholding in CMS. This follows an earlier press release dated February 12, 2026, and is part of CMS's strategy to expand its ATM management footprint in India.
This is a strategic bolt-on acquisition that adds roughly 8,000 ATMs to CMS Info Systems' managed ATM portfolio, strengthening its market leadership in the cash management and ATM operations space. Investors can expect a moderate positive impact on revenue and operating leverage, though the ₹115 crore consideration is a manageable outlay relative to the company's scale.