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Date : May 26, 2017
FIIs/FPIs investment under PIS - Incorporation in Ban List - M/s CCL Products (India) Limited

The Reserve Bank of India has today notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Foreign Portfolios Investors (FPIs) in M/s CCL Products (India) Ltd. has crossed limit of 24% of its paid-up capital. Therefore, no further purchase of shares of this company would be allowed through Stock Exchanges in India on behalf of FIIs/FPIs.

Ajit Prasad
Assistant Adviser

Press Release: 2016-2017/3195


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