The Reserve
Bank of India has notified on February 7, 2007 that Foreign Institutional Investors
(FIIs) can now purchase under Portfolio Investment Scheme (PIS) equity shares
and convertible debentures of Logix
Microsystems Ltd., through primary markets and stock exchanges in India
upto 74 per cent of its paid up capital, as the company has passed resolutions
to this effect at its Board of Directors and Extra-Ordinary General Meetings.
P.V.Sadanandan
Manager
Press Release : 2006-2007/1062
|