<h1>CCI Approves IndoEdge India Fund's Acquisition of 8% Stake in MG Motor India, Enhancing EV Market Presence.</h1> The Competition Commission of India (CCI) has approved the acquisition of shares in MG Motor India Private Limited by IndoEdge India Fund's Large Value Fund (LVF) Scheme. This acquisition involves up to 8% of MG Motor India's share capital and 8.70% of its voting and economic rights. IndoEdge India Fund is a Category II Alternative Investment Fund registered with the Securities and Exchange Board of India. MG Motor India is involved in manufacturing and selling passenger cars, including electric vehicles, under the MG brand. A detailed order from the CCI will be issued subsequently.