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Powered by Benchmark CCI approves acquisition of 10.39% shareholding of Annapurna Finance Private Limited and subscription to its certain debentures by Piramal Alternatives Trust - Matribhumi Samachar English
Friday, November 22 2024 | 07:58:52 PM
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CCI approves acquisition of 10.39% shareholding of Annapurna Finance Private Limited and subscription to its certain debentures by Piramal Alternatives Trust

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The Competition Commission of India (CCI) has approved the acquisition of 10.39% shareholding of Annapurna Finance Private Limited and subscription to its certain debentures by Piramal Alternatives Trust.

Piramal Alternatives Trust is a trust belonging to Piramal Enterprises Limited. Piramal Alternatives Trust is a fund management business that provides customised financing solutions to high-quality corporates through – ‘Piramal Credit Fund’, a performing, sector-agnostic credit fund; and ‘IndiaRF’, a distressed asset investing platform, which invests in equity and/or debt across non-real estate sectors.

Annapurna Finance Private Limited is a non-deposit-taking non-banking financial company registered with the Reserve Bank of India under the Reserve Bank of India Act, 1934. It is engaged in the provision of microfinance and/or other loans to micro-entrepreneurs, micro, small and medium enterprises in India and the provision of low/affordable housing finance to customers and is classified as an NBFC-micro finance institution.

मित्रों,
मातृभूमि समाचार का उद्देश्य मीडिया जगत का ऐसा उपकरण बनाना है, जिसके माध्यम से हम व्यवसायिक मीडिया जगत और पत्रकारिता के सिद्धांतों में समन्वय स्थापित कर सकें। इस उद्देश्य की पूर्ति के लिए हमें आपका सहयोग चाहिए है। कृपया इस हेतु हमें दान देकर सहयोग प्रदान करने की कृपा करें। हमें दान करने के लिए निम्न लिंक पर क्लिक करें -- Click Here


* 1 माह के लिए Rs 1000.00 / 1 वर्ष के लिए Rs 10,000.00

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