CMS Info Systems Limited has made a regulatory disclosure pursuant to Regulation 30 read with Part A of Para A of Schedule III of SEBI Listing Regulations regarding the appointment of a new independent director.

The company appointed Mr. William Poole VIII (Mr. Will Poole) as an Additional Director (Independent) of the company. Mr. Poole is the Capria Ventures co-founder and former Microsoft executive.

Background of Appointee

Will Poole brings four decades of experience in building and scaling technology businesses. He currently serves as Managing Partner and Co-founder of Capria Ventures, a venture firm investing in technology founders across the Global South, and is the firm's Chief AI Evangelist.

His previous experience includes over twelve years at Microsoft, where he rose to Corporate Vice President in charge of several business lines, including the USD 13 billion Windows desktop business, which represented two-thirds of the company's profits at the time. He also led Microsoft's effort to adapt its products for mass-market customers in emerging economies.

Mr. Poole joined Microsoft in 1996 when it acquired eShop, an e-commerce pioneer which he co-founded. He is co-author of the upcoming Penguin book 'Flourishing with AI' and holds a B.S. in Computer Science from Brown University.

Strategic Context

The appointment comes as CMS accelerates its investments in Vision AI, data and automation technologies. The company is building toward its 2030 ambitions as a technology-led business services platform.

Management Commentary

Mr. Rajiv Kaul, Executive Vice Chairman & CEO of CMS Info Systems, stated: "Over two decades, we have grown CMS into a market leader in all our businesses. Will joins our board at an important point in our transformation, as we accelerate investments in our Technology & Payment Solutions segment. He has operated technology businesses at global scale and backed founders building in markets like ours, and that mix of operating judgment and investing discipline is exactly the perspective we want in the room as we shape the next phase of CMS's growth."

Mr. Will Poole commented: "CMS has built something rare in India: banking-grade trust and last-mile reach at national scale. What draws me to this board is the chance to help transform that foundation into intelligent, technology-led services for the country's financial infrastructure. Some of the most consequential applied AI opportunities will be built in India, serving large national institutions that reach hundreds of millions of citizens."

Company Business Overview

CMS Info Systems Limited is India's leading business services company, building a unified platform across three business segments: ATM Management Solutions, Retail Solutions & Currency Logistics, and Technology & Payment Solutions. The company serves banks, financial institutions, organized retail, and e-commerce companies across India.

The company has a pan-India network spanning 97% of districts and technology capabilities including HAWKAI Vision AI solution and ALGO MVS ATM software. CMS combines the scale of a market leader with the growth profile of a platform business. The company is focused on disciplined growth, high free cash flow conversion, and expanding its total addressable market across banking, financial services and organized retail.