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Date : Dec 13, 2013
Investment by FIIs under PIS : M/s. Finkurve Financial Services Limited

The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs) can now purchase under the Portfolio Investment Scheme equity shares and convertible debentures of M/s. Finkurve Financial Services Limited as under:

  • FIIs through primary market and stock exchanges up to 100 per cent of the paid up capital of the company.
  • Non-Resident Indians(NRIs)/ Persons of Indian Origins (PIOs) through primary market and stock exchanges up to 24 per cent of the paid up capital of the company.

M/s. Finkurve Financial Services Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures.

Ajit Prasad
Assistant General Manager

Press Release : 2013-2014/1203


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