HDFC receives Sebi approval to change in control of HDFC AMC

[Bilgin]

HDFC receives Sebi approval to change in control of HDFC AMC The change in control of HDFC AMC is due to the change in co-sponsor of HDFC Mutual Fund on account of the proposed composite scheme for the merger of HDFC Investments and HDFC Holdings, wholly-owned subsidiaries of HDFC with and into the company. Further, HDFC will be merged into HDFC Bank.