Investment by FIIs under PIS - RBI - Reserve Bank of India
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Published on February 21, 2008
Investment by FIIs under PIS
The Reserve Bank of India has notified today that Foreign Institutional Investors (FIIs) can now purchase under Portfolio Investment Scheme (PIS) equity shares and convertible debentures of the following companies through primary and secondary markets in India upto the limits of their paid up capital shown against their names, as these companies have passed resolutions at their Board of Directors' level and have passed resolutions in their Extra-Ordinary General Meeting to this effect.
Ajit Prasad Press Release :2007-2008/1109 |
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