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Date : Oct 16, 2017
FIIs/FPIs investment under PIS - Incorporation in Ban List – M/s Elpro International Ltd

The Reserve Bank of India has today notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Foreign Portfolios Investors (FPIs) in M/s Elpro International 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.

Shailaja Singh
Assistant General Manager

Press Release: 2017-2018/1051


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