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79996812

Monitoring of Foreign Investment under PIS in Indian Companies-Incorporation in Ban List - FIIs/RFPIs : M/s JKumar Infra Projects Ltd

The Reserve Bank of India has today notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in M/s JKumar Infra Projects Ltd. has crossed the permissible limit. Therefore, no further purchase of shares of this company would be allowed through stock exchanges in India on behalf of FII/RFPIs.

Ajit Prasad
Assistant Adviser

Press Release: 2015-2016/2402

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