PPSL is 100% owned subsidiary of listed OCL. The other para which takes about change in ownership is about the VSS acquisition of part ant group stake in parent company, not about PPSL
Just to highlight, VSS is not the biggest shareholder as they claimed. This is just eye wash transaction, still the real majority owner is Ant group. The transaction is structured in such a way so that on paper VSS name will appear as major shareholder. RBI is not stupid to fool them with this kind of dealings.
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