News From Press Sanjay Sapre of Franklin Templeton speaks about cash distribution to unitholders

Sanjay Sapre of Franklin Templeton speaks about cash distribution to unitholders

Sanjay Sapre of Franklin Templeton MF has informed investors about Supreme Court’s direction of distributing available cash in the six would up schemes.

The Economic Times Feb 5, 2021

Sanjay Sapre of Franklin Templeton Mutual Fund has informed investors about Supreme Court’s direction of distributing available cash in the six wound up schemes. In a letter to the investors of six wound up schemes, Sapre said that around Rs 9,122 crore will be distributed among the respective unitholders in proportion to their holdings in the schemes under winding up. The next hearing in this matter is scheduled for February 9, 2021.

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