The Reserve Bank of India today notified that M/s Kavveri Telecom Products 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 upto 35 per cent of its paid up capital.

Foreign Institutional Investors can now purchase equity shares and convertible debentures of M/s Kavveri Telecom Products Limited  through primary market and stock exchanges up to 35 per cent of the paid up capital of the company under the Portfolio Investment Scheme.

R. R. Sinha
Deputy General Manager

Press Release : 2011-2012/1612