TMI BlogChange in control of Portfolio Managers providing Co-investment servicesX X X X Extracts X X X X X X X X Extracts X X X X ..... 7 dated June 02, 2022 specified the procedure for seeking prior approval in case of change in control of Portfolio Manager. The Circular stands partially modified and para 2 (iv) of the said Circular may be read as under: "Pursuant to grant of prior approval by SEBI, in order to enable existing investors/ clients to take well informed decision regarding their continuance or otherwise with the cha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... curities and to promote the development of, and to regulate the securities market.
4. The circular is available on SEBI website at www.sebi.gov.inunder the categories "Info for -Portfolio Managers" and "Legal framework -Circulars".
Yours faithfully,
Manaswini Mahapatra
General Manager
022-26449375
Email: manaswinim@sebi.gov.in X X X X Extracts X X X X X X X X Extracts X X X X
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