https://www.taxtmi.com/acts?id=52873 A sponsor may disassociate from an asset management company and the mutual fund only with Board approval and in the manner specified by the Board; thereafter the existing AMC may act as sponsor subject to Board conditions, or failing that, any other entity including the disassociated sponsor may become sponsor subject to Board conditions; additionally, no shareholder in the AMC shall hold ten percent or more of shareholding and the AMC board must comprise at least two-thirds independent directors. en-us Fri, 16 Jan 2026 15:32:46 +0530 Fri, 16 Jan 2026 15:32:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52873 A sponsor may disassociate from an asset management company and the mutual fund only with Board approval and in the manner specified by the Board; thereafter the existing AMC may act as sponsor subject to Board conditions, or failing that, any other entity including the disassociated sponsor may become sponsor subject to Board conditions; additionally, no shareholder in the AMC shall hold ten percent or more of shareholding and the AMC board must comprise at least two-thirds independent directors. Act-Rules SEBI Fri, 16 Jan 2026 15:32:46 +0530 https://www.taxtmi.com/acts?id=52873