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News From Press T Rowe Price wants FIs to cut holding in UTI AMC

T Rowe Price wants FIs to cut holding in UTI AMC

Source - Economic Times Aug 10, 2018

US-based T Rowe Price, the single-largest shareholder of UTI Asset Management Company (AMC), has moved the Bombay High Court seeking its intervention to direct market regulator SEBI and finance ministry to ask the four domestic shareholders to bring down their holding in the fund house and extend the term of chief executive Leo Puri.

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