Angel One has informed that the Company has received an In-Principle approval from Securities and Exchange Board of India (SEBI) vide their letter dated February 8, 2023, for sponsoring a Mutual Fund. Accordingly, the Company would be setting up an Asset Management Company and the Trustee Company, in accordance with applicable SEBI Regulations and other applicable laws.
The above information is a part of company’s filings submitted to BSE.