The Reserve Bank of India has today notified that the foreign shareholding through Non-Resident Indians (NRIs) in M/s Creative Merchants Limited has crossed the limit of 10 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 NRIs.

Ajit Prasad
Assistant Adviser

Press Release: 2015-2016/2073