Portfolio manager need to obtain prior approval of Board in case of change in control: SEBI

The SEBI has notified the Securities and Exchange Board of India (Portfolio Managers)(Second Amendment) Regulations, 2021 whereby it has clarified that Portfolio manager need to obtain prior approval of Board in case of change in control.The SEBI has notified the Securities and Exchange Board of India (Portfolio Managers)(Second Amendment) Regulations, 2021 whereby it has clarified that Portfolio manager need to obtain prior approval of Board in case of change in control.taxmann.com Latest Statutory HappeningsRead More

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