Digvijay Gaekwad from Florida-based Danny Gaekwad Developments & Investments has made a 17% higher competing offer for Religare shareholders. He is working with a team for compliance and protocol adherence. He believes his offer is fair and will benefit the shareholders, enhancing the company’s value. He has already communicated his plan through regulatory steps.
ICICI Prudential Mutual Fund to grandfather its 2 fund-of-funds under SEBI framework
ICICI Prudential Mutual Fund is grandfathering two of its fund of funds, the Passive Multi-Asset Fund of Fund and Global Advantage Fund, from January 27,