Investment by FIIs/NRIs/PIOs under PIS : Network 18 Media & Investments Limited - ଆରବିଆଇ - Reserve Bank of India
Investment by FIIs/NRIs/PIOs under PIS : Network 18 Media & Investments Limited
The Reserve Bank of India has notified that Network 18 Media & Investments Limited has enhanced the limit up to 40 per cent of its total paid up capital for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs)/Non Resident Indians (NRIs) under the Portfolio Investment Scheme. The company has passed a resolution at the board of directors' level and extra-ordinary general meeting by its shareholders to this effect. Ajit Prasad |