Shares of CMS Info Systems Ltd are trading flat after hitting a dayβs high of Rs 363.75 on 8th October. This follows the companyβs announcement that it has raised its stake in Securens Systems Private Limited to 75.78% by acquiring additional shares through a Rights Issue.Β
The acquisition is part of CMSβs strategy to reduce finance costs and improve profitability. Furthermore, it aims to strengthen its AIoT-based remote monitoring capabilities, which are expected to drive growth in this emerging business line.
CMS Info Systems Limited (βCMSβ) announced that it has acquired 22,75,000 additional fully paid equity shares of Rs 10 each in Securens Systems Private Limited (βSecurensβ) at a premium of Rs 100 per share. This was achieved by participating in Securensβ Rights Issue. The issue was open from 30th September, 2025, to 6th October, 2025, the company stated.
CMS further stated that it is in the process of purchasing the remaining pre-existing shares from other Securens shareholders. This acquisition is expected to be completed in one or more tranches over the next few months.
At 11:16 AM, the shares of CMS Info Systems were trading 0.25% higher at Rs 360.95 on NSE.
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