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CCI approved the acquisition of up to 15% shareholding in Edelweiss Asset Management Limited (EAML) and Edelweiss Trusteeship Company Limited (ETCL) by Setu AIF Trust, Konark Trust, and MMPL Trust on October 21, 2025. The transaction involves interconnected steps, with Setu AIF Trust - a SEBI-registered Category II Alternative Investment Fund (AIF) - acting through its investment manager, MMPL.
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