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CMS Info Systems Limited is India's largest cash management company in terms of the number of ATM points and retail pick-up points as of March 31, 2021. The company is engaged in installing, maintaining, and managing assets and technology solutions on an end-to-end outsourced basis for banks, financial institutions, organized retail and e-commerce companies in India.
PPFAS Mutual Fund, an institutional investor, has increased its stake in CMS Info Systems. Through open market purchases, its schemes acquired 17,64,757 shares. This transaction boosts their total holding from 4.85% (79,83,312 shares) to 5.93% (97,48,069 shares) in the company.