Investment by FIIs under PIS : M/s Bombay Rayon Fashions Limited (BRFL) - ਆਰਬੀਆਈ - Reserve Bank of India
Investment by FIIs under PIS : M/s Bombay Rayon Fashions Limited (BRFL)
The Reserve Bank of India today notified that M/s Bombay Rayon Fashions Limited (BRFL) has agreed to revise the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs) to 26 per cent from 40 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. Alpana Killawala Press Release: 2008-2009/1896 |