CAMS, via its subsidiary CAMS KRA, is set to acquire the KYC Registration Agency (KRA) business from NSE DATA & ANALYTICS LIMITED for a cash consideration of Rs 7 Cr.
This strategic move aims to significantly expand CAMS KRA's investor data base by approximately 1.3 million records.
As India's second-largest KRA, CAMS expects this acquisition to enhance overall revenues and profitability by leveraging its existing AI-integrated KYC solutions and achieving greater scale.
While the acquired unit reported a loss of around Rs 2.59 Cr on Rs 2.76 Cr revenue in FY25, CAMS is positioning for stronger market dominance in investor services.
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