CAMS Acquires Founders' Shares of Fintuple Technologies, Makes Company Wholly-Owned Subsidiary
Computer Age Management Services Limited (CAMS) has completed the acquisition of shares held by the founders of Fintuple Technologies Private Limited ('Fintuple'). This strategic transaction results in Fintuple becoming a wholly-owned subsidiary of CAMS.According to the details provided, CAMS acquired the specified shares in accordance with the terms set out in the Shareholders agreement. The consideration for the acquisition amounted to Rs. 96.67 Lacs.The completion of this acquisition means that Fintuple Technologies Private Limited is now fully controlled by Computer Age Management Services Limited, marking a significant operational...