Securities and Exchange Board of India
Press Release No. 12/2022
Surrender of certificate of registration of BNP Paribas Mutual Fund (BNPP MF)
BNP Paribas Assets Management Company Private Limited (BNPP AMC) had informed SEBI that they want to surrender the registration granted to BNP Paribas Mutual Fund by SEBI pursuant to change in control.
BNPP AMC has also given an undertaking that the Surviving AMC (i.e. Baroda BNP Paribas Assets Management India Private Limited) & Surviving Trustee (Baroda BNP Paribas Trustee India Private Limited) shall continue to be liable for all liabilities/obligations (including monetary penalties, if any) for violations, if any, of the provisions of the SEBI Act that have taken place before its surrender of certificate of registration.
SEBI has accepted the request for surrender of certificate of registration of BNPP MF. Consequently, BNPP MF ceases to exist as a mutual fund w.e.f. April 13, 2022.
Mumbai
April 13, 2022