The Reserve Bank of India has today notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Foreign Portfolios Investors (FPIs) in M/s Visa Steel Ltd. 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: 2016-2017/3198