Computer Age Management Services Limited (CAMS) announced the completion of its acquisition of the business of KYC Registration Agency (KRA) from NSE Data & Analytics Limited (NSEDAL). This acquisition was carried out through CAMS Investor Services Private Limited (CAMSKRA), a wholly-owned subsidiary of CAMS, following a Business Transfer Agreement (BTA). The acquisition is expected to enhance the investor data base held by CAMSKRA, leading to increased revenues and profitability. CAMSKRA is the second-largest licensed KRA in the capital markets and has been operating this business for over a decade. It offers an AI-integrated KYC solution with features such as AI-assisted Face match, OCR, Liveliness checks, and built-in OVD verification services. This development is a follow-up to the communication dated 29th July 2025, which had informed about the intended transfer of the KRA business. The details of the transaction were previously disclosed in the letter dated 29th July 2025.
