The Reserve Bank of India today notified that M/s Hinduja Foundries Limited has passed resolution at the Board of Directors' level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equity shares and convertible debentures by Foreign Institutional Investor (FIIs), through primary market and stock  exchanges up to 60 per cent of the paid up capital of the company under Portfolio Investment Scheme.

Ajit Prasad
Assistant General Manager

Press Release : 2013-2014/1946