Moneycontrol PRO

business

DHFL takes 50% stake in Pramerica AMC

"The company on August 11, 2015, acquired 50 percent equity stake in Pramerica Asset Managers Private Limited, the asset management company of Pramerica Mutual Fund, and Pramerica Trustees Private Limited, the trustee for the Pramerica Mutual Fund, from PGLH of Delaware (Prudential)," it said in a BSE filing.

first published: Aug 11, 2015 03:43 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347