Sundaram Asset Management receives SEBI#39;s nod for purchase of Principal AMC in India

Sundaram Asset Management receives SEBI#39;s nod for purchase of Principal AMC in India "The transaction is subject to compliance with SEBI prescribed processes and fulfillment of mutually agreed conditions precedent to deal closure. As per regulatory requirements, there will be an ‘exit load free window’ for investors to redeem their investments, where such exit load is applicable, the company said in press release.

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