The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs) can now purchase under the Portfolio Investment Scheme equity shares and convertible debentures of M/s. Finkurve Financial Services Limited as under:
- FIIs through primary market and stock exchanges up to 100 per cent of the paid up capital of the company.
- Non-Resident Indians(NRIs)/ Persons of Indian Origins (PIOs) through primary market and stock exchanges up to 24 per cent of the paid up capital of the company.
M/s. Finkurve Financial Services Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures.
Ajit Prasad
Assistant General Manager
Press Release : 2013-2014/1203 |
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