Change in control is defined in Clause 2(ad) of the SEBI (Merchant Bankers) Regulations, 1992, Clause 2(bc) of the SEBI (Registrar to an Issue and Share Transfer Agent) Regulations, 1993, Clause 2(eii) of the SEBI (Credit RatingAgencies) Regulations, 1999, Clause 2(ae) of the SEBI (Debenture Trustee) Regulations, 1993, Clause 2(ad) of the SEBI (Underwriters) Regulations, 1993 and Clause 2(ae) of the SEBI (Bankers to an Issue) Regulations, 1994 respectively. Kindly note that as per the Regulations, change in control at the level of intermediary itself (direct control) and at the level of the holding company (indirect control) and also at any level above the holding company shall require Prior Approval.