SBI Funds Management to Invest Up to INR250 Million in Unit

MT Newswires Live

08/04

SBI Funds Management (NSE:SBIFUNDS, BOM:544829) approved an additional investment of up to 250 million rupees in its wholly owned subsidiary, SBI Funds International (IFSC), according to a Monday exchange filing.

The investment will be made through a rights issue to strengthen the subsidiary's share capital, the filing said.

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