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Invesco Mutual Fund has received SEBI approval to transfer a controlling 60 per cent stake to IndusInd International Holdings Ltd (IIHL), according to sources. SEBI has recently provided all approvals to the pending applications by Invesco India for a change in control of Invesco AMC, Invesco Trustee Company and to the PMS business. According to sources, SEBI has also approved the appointment of directors on the board of the Invesco Trustee Company. The Competition Commission of India had approved the acquisition of stake in Invesco Asset Management (India) Private Ltd and Invesco Trustee Private Ltd by Hinduja Group’s firm IIHL in August 2024.