Monitoring of Foreign Investment under the PIS in Indian Companies Increase in Foreign investment limit/ceiling in an Indian Company under PIS- FIIs -up to - 60% - M/s Hinduja Foundries Limited - ਆਰਬੀਆਈ - Reserve Bank of India
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ਪ੍ਰਕਾਸ਼ਿਤ ਤਾਰੀਖ ਅਪ੍ਰੈਲ 02, 2014
Monitoring of Foreign Investment under the PIS in Indian Companies Increase in Foreign investment limit/ceiling in an Indian Company under PIS- FIIs -up to - 60% - M/s Hinduja Foundries Limited
The Reserve Bank of India today notified that M/s Hinduja Foundries Limited has passed resolution at the Board of Directors' level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equity shares and convertible debentures by Foreign Institutional Investor (FIIs), through primary market and stock exchanges up to 60 per cent of the paid up capital of the company under Portfolio Investment Scheme. Ajit Prasad Press Release : 2013-2014/1946 |
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