instructed RS to clarify the reasonableness of the said transactions as they may raise several issues. For example, potential conflicts of interest under the business structure between RS and GIFT, the
business structure between RS and GIFT, (b) numerous related-party transactions, (c) the cross-shareholding structure, and (d) the overlapping independent directors or audit committee members. Additionally
. Meanwhile, the investment of private sector was slowed down because they were worried about the political stability after the election. Household sector was more carefully to spend money because there was a
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the economic sector. Thus, FETCO will be able to bring more efficient cooperation with both public and private sectors. Under the proposed law, the structure of the Capital Market Federation of
-1- Ref. FPI. 014/2019 26 November 2019 Subject: Additional clarification regarding increase in capital investment in ALP FPI PARTS PRIVATE LIMITED in India To: Board of Directors and President of