Press Releases

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Date : May 26, 2017
FIIs/FPIs investment under PIS - Incorporation in Caution List - M/s The Byke Hospitality 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 The Byke Hospitality Ltd. has reached the trigger limit. Hence further purchases of equity shares of this company would be allowed only after obtaining prior approval of the Reserve Bank of India.

Ajit Prasad
Assistant Adviser

Press Release: 2016-2017/3199


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