Investment by FIIs under PIS : Hindalco Industries Limited - ଆରବିଆଇ - Reserve Bank of India
Investment by FIIs under PIS : Hindalco Industries Limited
The Reserve Bank of India today notified that Hindalco Industries Limited has agreed to enhance the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs) under the Portfolio Investment Scheme up to 40 per cent of its total paid up capital. The company has passed a resolution at the board of directors' level and extra-ordinary general meeting by its shareholders to do so. Foreign Institutional Investors can now purchase under the Portfolio Investment Scheme through primary market and stock exchanges, equity shares and convertible debentures of Hindalco Industries Limited provided :
Ajit Prasad Press Release : 2009-2010/767 |