Announced Fri, 3 Jul · 14:57 IST
CAMS subsidiary gets IFSCA nod for KYC services at GIFT City
CAMS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹799.30
prior close
₹798.55
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.1+0.1-0.3-1.3-2.7-5.9-2.7-0.5-4.2-4.9———
Up moveDown movePending
AI summary
CAMS Investor Services, a wholly owned subsidiary, received approval from IFSCA and the Development Commissioner of GIFT SEZ to act as a KYC Registration Agency under the IFSCA KYC Registration Agency Regulations 2025. The approval is permanent. This lets CAMS offer KYC services at GIFT City, tapping global markets and benefiting from a supportive regulatory and business-friendly environment with substantial demand for KYC services.
Likely market impact
Opens a new revenue stream at GIFT City, expanding CAMS into international financial services and the global KYC services market.