CAMS is India’s largest registrar and transfer agent (RTA) of mutual funds with a nearly 70% market share. It has an integrated business model which provides a complete range of technology-enabled infrastructure to mutual funds throughout the life cycle of the account right from account creation to processing transactions to redemption.
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The company was incorporated as ‘Computer Age Management Services Private Limited’ on May 25, 1988 at Madras, Tamil Nadu as a private limited company under the Companies Act, 1956, and was granted the certificate of incorporation by the Registrar of Companies, Tamil Nadu at Chennai (RoC). The company became a deemed public limited company under section 43A of Companies Act, 1956 on April 15, 2000 and the name of the company was changed to ‘Computer Age Management Services Limited’ and the certificate of incorporation of the company was endorsed by the RoC to that effect. The company became a private limited company, pursuant to Section 43A (2A) of Companies Act, 1956 with effect from March 29, 2001 and the name of the company was changed back to ‘Computer Age Management Services Private Limited’. The certificate of incorporation of the company was again endorsed by the RoC to that effect. Subsequently, the company was converted from a private limited company to a public limited company, pursuant to a special resolution passed by the company Shareholders at the EGM held on September 9, 2019 and the name of the company was changed to ‘Computer Age Management Services Limited’. Consequently, a fresh certificate of incorporation was issued by the RoC on September 27, 2019.
Business area of the company
The company is a technology-driven financial infrastructure and services provider to mutual funds and other financial institutions with over two decades of experience. With the initiative of creating an end-to-end value chain of services, the company has grown its service offerings and currently provide a comprehensive portfolio of technology based services, such as transaction origination interface, transaction execution, payment, settlement and reconciliation, dividend processing, investor interface, record keeping, report generation, intermediary empanelment and brokerage computation and compliance related services, through its pan-India network to its mutual fund clients, distributors and investors. It also provides certain services to alternative investment funds, insurance companies, banks and non-banking finance companies. The nature of company’s services to mutual funds spans multiple facets of their relationship with their investors, distributors and regulators. By providing a range of services, it plays an important role in developing and maintaining its clients’ market perception.
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