CMS Info Surges 7% on Landmark ₹1,000 Crore SBI Contract Win

• CMS Info Systems shares rallied up to 7% after securing a ₹1,000 crore integrated cash solutions contract from State Bank of India.
• The 10-year contract covers approximately 5,000 SBI-owned ATMs nationwide and is set to go live in January 2026.
• The project includes managed services aimed at improving cash efficiency and enhancing ATM uptime for SBI customers.
• This is the first large, direct cash outsourcing contract of its scale awarded by a PSU bank, signaling a shift in outsourcing preferences.
• CMS Info's Chief Business Officer Anush Raghavan expects the contract to generate an incremental revenue of around ₹500 crore.

Why It Matters: CMS Info secures a landmark ₹1,000 crore SBI contract, boosting shares and future revenue prospects.