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IDBI Mutual Fund: Change in Capital Structure

IDBI Mutual Fund has announced a change in the capital structure of IDBI Asset Management Ltd. Now, IDBI Capital Market Services Ltd will become the second shareholder of IDBI Asset Management Ltd after IDBI Bank Ltd. The revised paid-up capital will be Rs.75 crores and authorized capital will be Rs. 100 crores. Earlier the paid up capital was Rs. 50 crores.