It also enables the applicant to select the appropriate options with respect to their past regulatory track record on the basis of actions of Sebi as well as the details of other ongoing proceedings, if any, as on date of filing the settlement application, the regulator said in a release.
Bain Capital to acquire 18% stake in Manappuram Finance for Rs 4,385 crore via affiliates
Bain Capital has agreed to acquire joint control in Manappuram Finance by investing Rs 4,385 crore for an 18% stake. The transaction will trigger an