The Reserve Bank of India has notified today that Foreign Institutional Investors (FIIs) can purchase equity shares and convertible debentures of the following companies under Portfolio Investment Scheme (PIS) through primary markets and stock exchanges in India upto the limits of their paid up capital shown against their names.

The above companies have passed resolutions at their Board of Directors and Extra-Ordinary General Meeting to this effect.

Ajit Prasad
Manager

Press Release : 2007-2008/1311