TaxTMI 
TaxTMI 
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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....CI approves acquisition of 10.39% shareholding of Annapurna Finance Private Limited and subscription to its certain debentures by Piramal Alternatives Trust <br>News and Press Release<br>Dated:- 3-4-2....
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....024<br><BR>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 Alte....
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....rnatives 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 t....
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....o 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/....
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....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 Ind....
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....ia 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....
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.... to customers and is classified as an NBFC-micro finance institution. Detailed order of the CCI will follow.<BR> News - Press release - PIB....