HDFC Ltd on Wednesday said that the market regulator Sebi has cleared a proposal for change in control of HDFC Capital Advisors Limited (HCAL).
Sebi vide its letter dated April 10, 2023 to HCAL, a subsidiary of HDFC Limited and a co-investment portfolio manager, has granted its approval for the proposed change in control of HCAL, subject to certain conditions mentioned in the said letter, HDFC said in a regulatory filing.
The proposed amalgamation is subject to receipt of final approvals from Securities... Читать дальше...