CMS Info Systems confirms India Post Payment Bank ATM contract

CMS Info Systems has confirmed a media report about the company being awarded a contract for 1,000 ATMs by India Post Payment Bank (IPPB) is factual. This clarification comes in response to an email from the stock exchanges dated September 1, 2025, seeking information on the report, "CMS Info Systems shares in focus as IPPB awards contract for 1,000 ATMs." The company's chief business officer, Anush Raghavan, discussed this win during a media interaction.

The 1,000 ATM order was secured through a bid on the Government of India's 'GEM portal' against a tender from IPPB. CMS Info Systems currently manages over 73,000 ATMs across India, and as such, this particular order is not deemed "material" under SEBI (Listing Obligations and Disclosures) Regulations, 2015. The win was previously disclosed as part of the company's order book in its Q1FY25 results media release and during the earnings call on July 24, 2025.

Raghavan noted that the order exemplifies CMS's primary goal of ensuring continuity of services and seamless customer transitions, to maintain customer service and cash safety in ATMs. The company's communication aims to provide clarity to the exchanges and stakeholders.