Press Releases

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Date : Oct 20, 2015
Monitoring of Foreign Investment under PIS in Indian Companies- Incorporation in Ban List - FIIs/RFPIs : M/s Shiram Transport Finance Co. 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 Shriram Transport Finance Co. Ltd. has crossed threshold ban limit of its paid-up capital. Therefore, no further purchase of shares of this company would be allowed through stock exchanges in India on behalf of FII/RFPIs.

Sangeeta Das
Director

Press Release : 2015-2016/957


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