Shares of Computer Age Management Services Ltd (CAMS) gained 2% on 18 December after the company’s subsidiary, CAMS Payment Services, gained approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator.

In its regulatory filing, the company said, “We wish to inform you  the wholly owned subsidiary of the company – CAMS Payment Services Private Limited (CAMSPAY) has received a communication dated 17 December 2025 from Reserve Bank of India informing that it has issued a Certificate of Authorisation bearing No. 268/2025 dated 16 December 2025 in the name of CAMSPay. The procedural formalities for transfer of the Payment Aggregator business are to be completed within fifteen days post which the Certificate of Authorisation bearing No. 183/2024 issued to Computer Age Management Services Limited will stand cancelled.”

CAMS also signed a Business Transfer Agreement (BTA) to sell and transfer its payment aggregator business to CAMSPay. The transfer will be completed on a slump sale basis.

CAMS estimates the consideration at up to ₹8.5 crore, subject to working capital and other modifications till completion. The payment will be made in cash, in accordance with the BTA agreement.
 
CAMS is a technology-driven financial infrastructure and service provider for mutual funds and other financial organisations. It is India’s largest registration and transfer agent for mutual funds. The company offers a variety of technology-enabled infrastructure to mutual funds and is involved in the whole account life cycle, from account formation to transaction processing and redemption of the amount invested.

CAMSPAY is a company formed to carry on the business of “Payment Aggregator”. The Company’s Payment Aggregator Business Undertaking is currently operated as one of its business divisions, and it provides payment gateway and aggregation services, such as fund collection, pooling, processing, and settlement, via integrations with banks, NPCI platforms, card networks, payment gateways, and technical service providers, to a diverse client base.

At 2:30 pm, the shares of CAMS were trading 1.63% higher at Rs 745.80 on NSE. 

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