Computer Age Management Services and KFin Technologies announced the formation of a Joint Venture Company for MF Central. The company will jointly focus on all development aspects of MF Central for technology, sales and marketing and will further augment the mutual fund investment process for investors and expand the intermediary service suite. CAMS and KFintech, as part of SEBI's initiative in April 2021, conceptualised a unified platform - MF Central, for improving the ease of doing business for retail investors. MF Central is a centralized platform that provides investors with a single access point to transact in mutual funds across multiple fund houses for investor convenience and to significantly augment the suite of services available to investors online. In Phase 1, MF Central launched Non-Financial Transactionsin September 2021 and subsequently launched the mobile app and the full range of financial transactions for investors in 2023. Having witnessed a phenomenal response and success with over 2.5 million users, MF Central is now being formalized into a stand-alone entity with equal ownership by both RTAs. APIs for Consolidated Accounts Statement (CAS) commercially offered to Mutual Fund Distributors / RIA have seen significant interest and uptake by the fast-growing digital intermediaries. By delivering over 50 million personalised statements, which give a unified view of the investors' holdings, intermediaries have been enabled to offer customized products on the fly. MFCentral has developed various APIs to support Mutual Fund Distributors and Registered Investment Advisors (RIAs). These include Non-Financial Transaction APIs, Financial Transaction APIs and Information-Only APIs, such as for Capital Gains and Distributor-level CAS. The transactional APIs offered by MF Central will be the first in the market to enable transaction acceptance with full validation, catering to the fast-evolving needs of mutual fund-related services like Loan Against Mutual Funds. Additionally, MF Central has introduced a seamless API journey for banks, NBFCs and loan service providers, marking the first industry-wide API to enable a standardized pledging process across all AMCs. Powered by Capital Market - Live

Net profit of Computer Age Management Services rose 44.92% to Rs 122.47 crore in the quarter ended September 2024 as against Rs 84.51 crore during the previous quarter ended September 2023. Sales rose 32.75% to Rs 365.17 crore in the quarter ended September 2024 as against Rs 275.08 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales365.17275.08 33 OPM %46.6144.39 - PBDT180.62129.77 39 PBT162.25112.35 44 NP122.4784.51 45 Powered by Capital Market - Live

Computer Age Management Services announced that the Board of Directors of the Company at its meeting held on 28 October 2024, has recommended a Interim dividend of Rs.14.50 per share (i.e.145%), subject to the approval of the shareholders.Powered by Capital Market - Live

Computer Age Management Services announced that the Board of Directors of the Company at its meeting held on 28 October 2024, inter alia, have recommended the Special dividend of Rs 14.5 per equity Share (i.e. 145%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Computer Age Management Services announced the inauguration of its second office facility at GIFT City SEZ (Gujarat International Finance Tec-City Special Economic Zone), Gandhinagar. As one of the first Registrar & Transfer Agents (RTAs) to establish operations in the city, CAMS offers comprehensive fund administration services to financial institutions launching funds globally and in GIFT City. GIFT city is an emerging dynamic hub for both Global and Indian funds to tap into global markets. CAMS was one of the first RTAs to be fully operational in GIFT city, having set up its office in 2021. The scaling up with a second and larger office at the new premises is well aligned to the global expansion and evolving growth plans of its clients. CAMS's expansion in this dynamic hub offers numerous advantages for clients such as a supportive regulatory and infrastructural environment, global connectivity and streamlined administrative processes in a business-friendly setting. Powered by Capital Market - Live

As one of the earliest Registrar and Transfer Agent (RTA) to establish operations in GIFT City, CAMS has been instrumental in supporting the growth of the financial hub. The company currently serves over 20 funds in the city, providing a comprehensive range of services including investor onboarding, regulatory compliance, fund accounting, and administration. The expansion comes as the company aims to capitalize on the growing financial hub and cater to the increasing demand for its comprehensive fund administration services. The new, larger office at GIFT City will enable CAMS to further enhance its operations and better serve its clients. The company's presence in this business-friendly environment offers numerous advantages, including supportive regulations, excellent infrastructure, global connectivity, and streamlined administrative processes. Anuj Kumar, managing director of CAMS, highlighted the favorable conditions for both global and Indian funds, including world-class infrastructure, a business-friendly regulatory environment, and tax incentives. Kumar expressed confidence in CAMS's ability to foster growth and innovation in the Indian investment landscape. CAMS, a leading financial infrastructure provider, offers a wide range of services to the asset management, BFSI, and alternative investment sectors. As India's largest registrar and transfer agent for mutual funds with a market share of over 68%, CAMS serves many of the largest mutual funds in the country. Additionally, the company provides comprehensive solutions for alternative investment funds, portfolio managers, KYC, payments, insurance, and pension schemes. CAMS has also expanded its capabilities through strategic acquisitions in data science, AI, and digital transformation. On a consolidated basis, CAMS' net profit surged 41.77% to Rs 108.21 crore in Q1 FY25, driven by a 26.83% increase in revenue to Rs 331.40 crore. Powered by Capital Market - Live

The Board of Computer Age Management Services at its meeting held on 16 October 2024 has appointed N V Sivakumar (DIN 03534101) as an Additional Director with effect from 16 October 2024. The Board also appointed Dinesh Kumar Mehrotra (DIN: 00142711) as a Non-Independent Director with effect from 17 December 2024. Powered by Capital Market - Live

Computer Age Management Services has fixed 8th November 2024 as the record date for ascertaining the shareholders entitled for the interim dividend, if any approved by the Board.Powered by Capital Market - Live

Computer Age Management Services will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live

Computer Age Management Services has allotted 62,365 equity shares under ESOS. With this allotment, the paid up equity share capital has increased to Rs.49,28,29,530/- consisting of 49282953 equity shares of Rs. 10/- each. Powered by Capital Market - Live