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In case of any proposed change in shareholding pattern or management control...

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Full Text of the Document

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....rn or management control, an IIO shall- (1) inform the Authority of the proposal that could lead to change in control; (2) not issue and allot capital in any form, without obtaining prior approval of the Authority; (3) inform the Authority about proposed change of portfolios; Provided that in case the proposed change is beyond the limit specified by the Authority, prior approval from t....