Press Releases

PDF document (111 kb)
Date : Oct 31, 2013
Investment by FIIs under PIS : M/s Tata Motors Limited

The Reserve Bank of India today notified that M/s Tata Motors Limited has passed resolutions at their board of directors' level and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares with Differential Voting Rights or 'A' Type Ordinary Shares by Foreign Institutional Investors (FIIs). Accordingly, FIIs may now purchase up to 75 per cent of the company's equity shares with Differential Voting Rights or `A' Type Ordinary Shares paid up capital through the primary market and stock exchanges under the Portfolio Investment Scheme.

Further, the FII holding ceiling limit for Ordinary Shares paid-up capital of the company will remain unchanged at 35 per cent.

Sabeeta Badkar
Assistant Manager

Press Release : 2013-2014/900


2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
Archives
Server 214
Top