The
Reserve Bank of India has today notified that under Portfolio Investment Scheme
(PIS), Foreign Institutional Investors (FIIs) can now purchase equity shares and
convertible debentures of M/s
Nagarjuna Construction Company Limited, through primary markets and stock
exchanges in India. The purchases can be made upto 74 per cent of the paid up
capital of the company, as it has passed resolutions to this effect at the Board
of Directors' and the Extra-Ordinary General Meetings. Ajit
Prasad Manager Press
Release :2006-2007/1745 |