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 Sujana Towers Limited,
through primary markets and stock exchanges in India. The purchases can be made
upto 100 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 : 2007-2008/223 |