Muthoot Microfin case: SEBI exempts six family trusts from open offer obligation
· thehindubusinessline.com
According to the order, the restructuring will be implemented through multiple transfers of shares to the six trusts, including after the conversion of CCPS and transfers by the spouses of the promoters.
Capital markets regulator SEBI on Monday exempted six Muthoot family trusts from making an open offer for the proposed indirect acquisition of shares in Muthoot...