The Competition Commission of India (CCI) has approved a acquisition of an 8% stake in MG Motor India by IndoEdge India Fund – Large Value Fund (LVF) Scheme.

Economy Business

The Competition Commission of India (CCI) has approved a acquisition of an 8% stake in MG Motor India by IndoEdge India Fund – Large Value Fund (LVF) Scheme. The acquisition of shares in MG Motor India will grant IndoEdge India Fund 8.70% of the voting and economic rights. IndoEdge is a large-value fund tailored for accredited investors. It is a scheme offered by IndoEdge India Fund, a contributory determinate trust registered under the Securities and Exchange Board of India as a Category II Alternative Investment Fund, complying with the SEBI (AIF) Regulations, 2012.


     

     

     

 

     


          ____________________________