The
Reserve Bank of India has notified on October 25, 2007 that Foreign Institutional
Investors (FIIs) can now purchase under Portfolio Investment Scheme (PIS) equity
shares and convertible debentures of the following companies through primary market
and stock exchanges in India upto the limits of their paid up capital shown against
their names, as these companies have passed special resolution to this effect
at the Board of Directors' and Extra Ordinary General Meetings.
G.
Raghuraj Deputy General Manager Press
Release: 2006-2007/571 |
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