The Reserve Bank of India has today notified that the foreign share holdings by FPIs under Portfolio Investment Scheme in M/s TATA Chemicals Limited have gone below the prescribed threshold caution limit stipulated under the extant FDI Policy and FEMA regulations. Hence, the restrictions placed on the purchase of shares of the above company vide Press Release 2015-16/2051 dated March 01, 2016 are withdrawn with immediate effect.

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/2861