Archive · 3 Sep 2025
Sebi Approves IIHL's Acquisition of Invesco Mutual Fund Stake
The Indian market regulator, SEBI, has approved IIHL, a company owned by the Hinduja Group, to buy a 60% stake in Invesco Mutual Fund's Indian operations.
This means IIHL will take control of a large part of Invesco.
IIHL is an investment holding company.
The Competition Commission of India (CCI) had previously approved this deal in August 2024.
IIHL hopes to help Invesco expand into more Indian cities.
Invesco started its India operations in 2008.
SEBI approved the transfer of a 60% stake in Invesco Mutual Fund to IIHL.
CCI approved the acquisition in August 2024.
IIHL will hold the investment through its subsidiary, IIHL AMC Holdings Ltd.
IIHL is a global investment holding company.
Invesco began India operations in 2008.
- Who
- Invesco Mutual Fund and IndusInd International Holdings Ltd (IIHL)
- What
- SEBI approved IIHL's acquisition of a 60% stake in Invesco Mutual Fund.
- When
- Recently
- Where
- India
- Why
- To facilitate a change in control and allow IIHL to expand Invesco's presence.
- Acquisition
- 60% stake in Invesco AMC and Trustee
- Buyer
- IIHL (IndusInd International Holdings Ltd)
- Seller
- Invesco Mutual Fund
- Approving Body
- SEBI
- IIHL's Role
- Investment holding company
- CCI Approval
- August 2024
- Invesco India Start
- 2008
