Monitoring of Foreign Investment under PIS in Indian Companies- Incorporation in Caution List - NRIs : M/s Tamboli Capital Limited - RBI - Reserve Bank of India
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Published on July 24, 2015
Monitoring of Foreign Investment under PIS in Indian Companies- Incorporation in Caution List - NRIs : M/s Tamboli Capital Limited
The Reserve Bank of India has today notified that the foreign shareholding by Non-Resident Indians (NRIs) in M/s Tamboli Capital Limited has reached the trigger limit. Therefore, further purchases of equity shares of this company would be allowed only after obtaining prior approval of the Reserve Bank of India. Ajit Prasad Press Release: 2015-2016/222 |
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