29/2/2024, 7:48:03 pm

CMS Info Systems ' CEO Rajiv Kaul ups stake to 6.2%

CMS Info Systems, in which promoter investor Sion Investment sold its entire remaining equity stake this week, said that CEO Rajiv Kaul has increased his stake to 6.2 percent from 2.6 percent. Kaul raised this stake exercising his employee stock options (ESOPs). In a release, Kaul said that increasing his stake demonstrated his and the company's commitment and focus to expand  their offerings.