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Board of Angel Broking consents to apply to SEBI for acting as sponsor to MF

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Capital Market
Last Updated : Jul 15 2021 | 6:31 PM IST

At meeting held on 15 July 2021

The Board of Angel Broking at its meeting held on 15 July 2021 has consented to submit an application to Securities and Exchange Board of India ("SEBI") to obtain approval for acting as a Sponsor to Mutual Fund and to constitute a Committee named the "AMC Committee" to oversee the activities in relation to the proposal of setting up of a mutual fu nd business by the Company, to act as a Sponsor under the SEBI (Mutual Funds) Regulations, 1996.

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First Published: Jul 15 2021 | 6:11 PM IST

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