CAMS transfers payment aggregator business to wholly owned subsidiary

CAMS announced the execution of a Business Transfer Agreement (BTA) on December 17, 2025, to sell its Payment Aggregator Business Undertaking to CAMS Payment Services Private Limited (CAMSPAY), its wholly owned subsidiary. The transfer is on a slump sale basis, with a tentative closing date of December 31, 2025. This move follows CAMSPay’s receipt of a Certificate of Authorisation from the Reserve Bank of India on December 16, 2025.

The Payment Aggregator Business contributed INR 4,987 Lakhs, or 3.74% of CAMS' turnover, as of March 31, 2025. The consideration for the transfer is expected to be up to INR 8.5 Crores, subject to adjustments. This internal related party transaction is undertaken at arm’s length and aims to enhance administrative convenience and regulatory compliance.

The restructuring will enable better focus on regulatory compliance within the Payment Aggregator business, which is regulated by the Reserve Bank of India. There will be no change in the shareholding pattern of CAMS as a result of this slump sale.