Monitoring of Foreign Investment under PIS in Indian Companies-Incorporation in Ban List-M/s Indraprastha Gas Ltd. - ਆਰਬੀਆਈ - Reserve Bank of India
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ਪ੍ਰਕਾਸ਼ਿਤ ਤਾਰੀਖ ਮਾਰਚ 31, 2017
Monitoring of Foreign Investment under PIS in Indian Companies-Incorporation in Ban List-M/s Indraprastha Gas Ltd.
The Reserve Bank of India has today notified that the foreign shareholding by Foreign institutional Investors (FIIs)/Foreign Portfolio Investors (FPIs) in M/s Indraprastha Gas Ltd has crossed the overall limit of 24% of its paid-up capital. Therefore, no further purchases of shares of this company would be allowed through stock exchanges in India on behalf of Foreign institutional Investors (FIIs)/Foreign Portfolio Investors (FPIs). Ajit Prasad Press Release: 2016-2017/2644 |
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