Monitoring of Foreign Investment under PIS in Indian Companies-Incorporation in Caution List - FII/RFPIs : M/s Tata Chemicals Limited

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Published on March 01, 2016

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Monitoring of Foreign Investment under PIS in Indian Companies-Incorporation in Caution List - FII/RFPIs : M/s Tata Chemicals Limited

The Reserve Bank of India has today notified that the foreign shareholding by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in M/s Tata Chemicals Limited has reached the trigger limit. Hence further purchases of equity shares of this company would be allowed only after obtaining prior approval of the Reserve Bank of India.

Ajit Prasad
Assistant Adviser

Press Release: 2015-2016/2051