Monitoring of Foreign Investment under PIS in Indian Companies- Incorporation in Ban List - FIIs/REPIs : M/s Trent Ltd - RBI - Reserve Bank of India
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Published on September 01, 2016
Monitoring of Foreign Investment under PIS in Indian Companies- Incorporation in Ban List - FIIs/REPIs : M/s Trent Ltd
The Reserve Bank of India has today notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in M/s Trent Ltd. has crossed the limit of 24 per cent of its paid-up capital. Therefore, no further purchases of shares of this company would be allowed through Stock Exchanges in India on behalf of FIIs/RFPIs. Anirudha D. Jadhav Press Release: 2016-2017/570 |
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