Press Releases

PDF document (111 kb)
Date : Apr 02, 2014
Monitoring of Foreign Investment under the PIS in Indian Companies Increase in Foreign investment limit/ceiling in an Indian Company under PIS- FIIs -up to - 60% - M/s Hinduja Foundries Limited

The Reserve Bank of India today notified that M/s Hinduja Foundries Limited has passed resolution at the Board of Directors' level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equity shares and convertible debentures by Foreign Institutional Investor (FIIs), through primary market and stock  exchanges up to 60 per cent of the paid up capital of the company under Portfolio Investment Scheme.

Ajit Prasad
Assistant General Manager

Press Release : 2013-2014/1946


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