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Monitoring of Foreign Investment under PIS in Indian Companies- Removal from the Caution List - FIIs/RFPIs M/s Power Grid Corporation of India Ltd

The Reserve Bank of India has today notified that the foreign share holding by Foreign Institutional Investors (FIIs)/ Registered Foreign Portfolios Investors (RFPIs) in M/s Power Grid Corporation of India Ltd. have gone below the prescribed threshold caution limit stipulated under the extant FDI Policy . Hence, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect. Therefore equity shares of M/s Power Grid Corporation of India Ltd. can now be purchased through primary market and stock exchanges.

Ajit Prasad
Assistant General Manager

Press Release: 2015-2016/1433

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