The Reserve Bank of India has today advised that no further purchases of the shares of M/s Pankaj Pplypack Ltd (Name as per BSE website) / Pankaj Polypack Ltd (name as confirmed by the company) would be allowed through stock exchanges on behalf of Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under the portfolio investment scheme (PIS) as the aggregate net purchases of the equity shares in M/s Pankaj Pplypack Ltd (Name as per BSE website) / Pankaj Polypack Ltd (name as confirmed by the company) by NRIs/PIOs in the primary/secondary markets has reached the trigger limit of 10 per cent.

Ajit Prasad
Assistant General Manager

Press Release: 2014-2015/65