Promoter sells 13.7% in CMS Info Systems via bulk deal; ADIA, Norges Bank, 3 domestic MFs pick up stake

Singapore-based Sion Investment Holdings has sold a nearly 13.7% stake in CMS Info Systems, which has been purchased by Abu Dhabi Investment Authority and Norges Bank, picking up 1.29% and 1.69% of the stake, respectively. Meanwhile, three domestic fund houses – SBI Mutual Fund, 360 One Mutual Fund, and IIFL Mutual Fund – have added stakes in CMS Info Systems. Public stakeholders include mutual funds, which have a 10.02% stake, while foreign investors have a 12.94% stake.