PPFAS Asset Management Private Limited, acting as the Investment Manager to PPFAS Mutual Fund, has disclosed a substantial acquisition of shares in CMS INFO SYSTEMS LIMITED. This transaction, executed on February 26, 2026, was conducted via the Open Market. Following the purchase of 17,64,757 shares, the total holding of the Fund’s Schemes now stands at 5.93% of the target company’s total voting capital.
Substantial Acquisition Disclosure by PPFAS Mutual Fund
PPFAS Asset Management Private Limited has formally communicated the purchase of additional shares in CMS INFO SYSTEMS LIMITED (TC) through the various schemes managed by PPFAS Mutual Fund. This disclosure is made pursuant to the requirements concerning Substantial Acquisition of Shares and Takeovers.
Pre-Acquisition Holding Snapshot
Prior to the current transaction under consideration, the total holding of PPFAS Mutual Fund schemes in CMS INFO SYSTEMS LIMITED stood at 79,83,312 shares, representing 4.85% of the total share/voting capital.
Details of the Latest Acquisition
The acquisition details are as follows:
- Shares carrying voting rights acquired: 17,64,757 units.
- Percentage acquired w.r.t. total share capital: 1.07%.
- Mode of Acquisition: The shares were acquired through the Open Market route.
- Date of Acquisition/Intimation: The transaction date recorded is February 26, 2026.
Post-Acquisition Shareholding Status
Following the completion of this acquisition, the total holding of PPFAS Mutual Fund schemes in CMS INFO SYSTEMS LIMITED has increased substantially:
- Total Shares Carrying Voting Rights: 97,48,069 shares.
- Total Holding Percentage: This aggregate holding now represents 5.93% of the total share capital of the Target Company.
Capital Structure Context
The equity share capital structure of CMS INFO SYSTEMS LIMITED remained constant throughout the acquisition process, maintaining a total voting capital of 16,44,72,541 shares, valued at a face value of Rs. 10 per share (Total Capital: Rs. 1,64,47,25,410/-).
Source: BSE
