Investment by FIIs under PIS : Jindal Saw Limited (formerly Saw Pipes Limited) - ଆରବିଆଇ - Reserve Bank of India
Investment by FIIs under PIS : Jindal Saw Limited (formerly Saw Pipes Limited)
The Reserve Bank of India today notified that Jindal Saw Limited (formerly Saw Pipes Limited) has agreed to enhance the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs) up to 49 per cent of its total paid up capital. The company has passed a resolution at the board of directors' level and a special resolution by its shareholders to do so.
Press Release : 2008-2009/2102 |