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Date : Jun 30, 2014
Monitoring of Foreign Investment under the PIS in Indian Companies: M/s Aurionpro Solutions Limited removed from Caution List

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 Aurionpro Solutions Limited as under:

  • Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) 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 Origin (PIOs) through primary market and stock exchanges up to 24 per cent of the paid up capital of the company.

M/s Aurionpro Solutions 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

Alpana Killawala
Principal chief General Manager

Press Release : 2013-2014/2539


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