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<h1>Competition approval permits a foreign subsidiary to increase its shareholding, resulting in a majority stake in the target company.</h1> The Competition Commission of India approved Lence Pte. Ltd.'s proposed acquisition of between eleven percent and twenty percent of AWL Agri Business Limited, increasing the Acquirer's shareholding from forty three point nine four percent to a post transaction holding between fifty four point nine four percent and sixty three point nine four percent.