Investment by FIIs/NRIs under PIS : M/s. Gitanjali Gems Limited - ఆర్బిఐ - Reserve Bank of India
Investment by FIIs/NRIs under PIS : M/s. Gitanjali Gems Limited
The Reserve Bank of India today notified that M/s. Gitanjali Gems Limited has passed resolutions at the board of directors' level and at a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges, under the Portfolio Investment Scheme to 50 per cent of its paid up capital. Foreign Institutional Investors can now purchase equity shares and convertible debentures of M/s. Gitanjali Gems Limited through primary market and stock exchanges under the Portfolio Investment Scheme, provided :
J. D. Desai Press Release : 2011-2012/432 |