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TMI BlogCCI approves acquisition of shares of MG Motor India Private Limited by IndoEdge India Fund – Large Value Fund (LVF) SchemeX X X X Extracts X X X X X X X X Extracts X X X X ..... CCI approves acquisition of shares of MG Motor India Private Limited by IndoEdge India Fund – Large Value Fund (LVF) Scheme - News and Press Release Dated:- 3-4-2024 - News - CCI approves acquisition of shares of MG Motor India Private Limited by IndoEdge India Fund – Large Value Fund (LVF) Scheme - - - Dated:- 3-4-2024 - The Competition Commission of India (CCI) has approved the acquisition of s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hares of MG Motor India Private Limited by IndoEdge India Fund Large Value Fund (LVF) Scheme. The proposed combination relates to the acquisition of up to approximately 8% of the share capital (8.70% of the voting and economic rights) of the MG Motor India Private Limited ( Target ) along with certain rights by the IndoEdge India Fund LVF Scheme ( Acquirer ) ( Proposed Combination ). The Acquirer ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is a large value fund for accredited investors, a scheme by IndoEdge India Fund ( IndoEdge ). IndoEdge is a contributory determinate trust registered with the Securities and Exchange Board of India as a Category II Alternative Investment Fund, under the SEBI (AIF) Regulations, 2012. The Target is a company incorporated in India, engaged in the automobile original equipment manufacturing business a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd after sale services. The Target is primarily engaged in the manufacture and sale of passenger cars (including electronic vehicles) under the Target s brand MG . Detailed order of the CCI will follow. - - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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