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Date : Apr 27, 2015
Monitoring of Foreign Investment under PIS in Indian Companies- Incorporation in Caution List - FIIs/RFPIs : M/s Kaveri Seed Company Ltd.

The Reserve Bank of India has today notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in M/s Kaveri Seed Company Ltd. has reached the trigger limit. Therefore, further purchases of equity shares of this company would be allowed only after obtaining prior approval of the Reserve Bank of India.

Ajit Prasad
Assistant General Manager

Press Release : 2014-2015/2266


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