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Investment by FIIs under PIS : Logix Microsystems Ltd.

The Reserve Bank of India has notified on February 7, 2007 that Foreign Institutional Investors (FIIs) can now purchase under Portfolio Investment Scheme (PIS) equity shares and convertible debentures of Logix Microsystems Ltd., through primary markets and stock exchanges in India upto 74 per cent of its paid up capital, as the company has passed resolutions to this effect at its Board of Directors and Extra-Ordinary General Meetings.

P.V.Sadanandan
Manager

Press Release : 2006-2007/1062

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