Jointly by Share Microfin Limited (Share) and Asmitha Microfin Limited (Asmitha)
A compact analysis
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Summary of the proposed combination under sub-regulation 1B of regulation 13 of The Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011 (as amended)
(a) Name of the parties to the combination
The names of the parties to the proposed combination are:
SHARE Microfin Limited ( SHARE ); and
Asmitha Microfin Limited ( Asmitha ).
(b) The type of the combination
Both SHARE and Asmitha operate in multiple states across India, including in Andhra Pradesh and Telangana (collectively, AP ). The proposed combination relates to
- (i) the demerger and transfer of the non-AP business (i.e. business in states other than AP) of Asmitha into SHARE, as a going concern; and
- (ii) the demerger and transfer of the AP business of SHARE into Asmitha, as a going concern.
As a result of the proposed combination, the non-AP business of SHARE and Asmitha will be held by SHARE, and the AP business of SHARE and Asmitha will be held by Asmitha. The proposed combination falls under section 5(c) of the Competition Act, 2002
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