Computer Age Management Services Limited has informed the Exchange regarding Board meeting held on Jun 25, 2025.
CAMS · price
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CAMS's board, at its June 25, 2025 meeting, approved investing up to INR 1 crore in its existing subsidiary Fintuple Technologies Private Limited by subscribing to its rights issue at face value. Fintuple, a startup founded in 2018, offers digital onboarding, KYC, fund data, and fact sheet solutions for AIFs and PMS players. CAMS already owns 54% of Fintuple (acquired in March 2022), and the additional investment is aimed at supporting the subsidiary's short-term working capital needs. The transaction is a related-party deal conducted at arm's length, and Fintuple's FY25 turnover stood at INR 270.50 lakhs, up from INR 5.10 crores in FY24. Completion is expected before July 31, 2025.
This is a small, routine capital infusion into an existing subsidiary and is not material to CAMS's overall financials or strategy. Shareholding impact on CAMS remains unchanged as this only affects the subsidiary's cap table, with CAMS's 54% stake possibly dipping marginally if other shareholders participate in the rights issue.