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Domestic companies can now go in for direct listing on foreign exchanges and IFSC: FM Nirmala Sitharaman Finance Minister Nirmala Sitharaman has said that domestic companies can now go in for direct listing on foreign exchanges and the International Financial Services Centre (IFSC) in Ahmedabad. The provisions for direct overseas listing were approved by the government, as part of the Covid relief package announced in May 2020, but the rules in this regard are yet to be notified. The direct overseas listing will allow Indian companies to access foreign funds on various exchanges overseas. The...
Domestic companies can now go in for direct listing on foreign exchanges and IFSC: FM Nirmala Sitharaman
Domestic companies can now go in for direct listing on foreign exchanges and IFSC: FM Nirmala Sitharaman
Source: Accord Fintech
31/07/2023 11:54:57 AM
SBI Funds permitted to acquire 9.99% stake in HDFC Bank The SBI Funds Management Ltd has been allowed by central bank RBI to acquire 9.99 per cent stake in HDFC Bank Ltd by November 15. In a regulatory filing, the HDFC Bank said the Reserve Bank of India (RBI) has given its approval to SBI Funds Management for acquiring up to 9.99 per cent of the paid-up share capital or voting rights of the bank. The RBI has given its nod on an application made by the SBI Funds Management and advised to acquire the stakes within six months, that is, by Nove...
SBI Funds permitted to acquire 9.99% stake in HDFC Bank
SBI Funds permitted to acquire 9.99% stake in HDFC Bank
Source: IANS
18/05/2023 9:35:57 AM
SBI Funds Management announces change in CAMS service center SBI Funds Management (AMC) has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) cum Common Application Form of all Scheme(s) of SBI Mutual Fund as amended from time to time. Investors of the scheme of SBI Mutual Fund are requested to take note of the following changes in the official points of acceptance of SBI Mutual Fund with effect from May 16, 2022: Old address- CAMS Service Center, 1 st floor, Opposite Yash Tower Parking, Pawan Travels Str...
SBI Funds Management announces change in CAMS service center
SBI Funds Management announces change in CAMS service center
Source: Accord Fintech
13/05/2022 3:43:30 PM
SBI Funds Management announces change in official point of acceptance SBI Funds Management (AMC) has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) of Scheme(s) of SBI Mutual Fund. Investors of the scheme of SBI Mutual Fund are requested to take note of the change in address of following branch of SBI Asset Management Company (SBI AMC) with effective from May 09, 2022, Old address - SBI Fund Management, Shop No. 26, 1st floor, Ucon Plaza, Park Road,Kurnool-518001, Andhra Pradesh. New Address- SBI Fund Managemen...
SBI Funds Management announces change in official point of acceptance
SBI Funds Management announces change in official point of acceptance
Source: Accord Fintech
9/05/2022 3:24:02 PM
SBI Funds Management announces address of new point of acceptance SBI Funds Management (AMC) has announced addendum to the Scheme Information Documents (SIDs)/ Key Information Memorandums (KIMs) of Scheme(s) of SBI Mutual Fund. Investors of the scheme of SBI Mutual Fund are requested to take note of the following new branch of SBI Asset Management Company (SBI AMC) which is the official point of acceptance (POA) for transactions in the Schemes of SBI Mutual Fund with effect from May 5, 2022. Address: SBI Fund Management, Door no.79, Koppu Nilayam, First Flo...
SBI Funds Management announces address of new point of acceptance
SBI Funds Management announces address of new point of acceptance
Source: Accord Fintech
6/05/2022 1:15:58 PM