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Date : Jun 15, 2016
Monitoring of Foreign Investment in Indian Companies under PIS - Incorporation in Ban list – FII/RFPI/FDI/NRI/ADR/GDR/PIO : M/s M/s Ujjivan Financial Services Ltd

The Reserve Bank of India has today notified that the aggregate foreign shareholdings through Foreign Institutional Investors (FII)/Registered Foreign Portfolios Investors (RFPIs)/Foreign Direct Investment (FDI)/Non-Resident Indians (NRI)/American Depository Receipts (ADR)/Global Depository Receipts (GDR)/Persons of Indian Origin (PIO) in M/s Ujjivan Financial Services Ltd. has crossed the permissible limit. Hence it may please be noted that no further purchase of shares of this company would be allowed through Stock Exchanges in India on behalf of FII/RFPI/FDI/NRI/ADR/GDR/PIO.

Ajit Prasad
Assistant Adviser

Press Release: 2015-2016/2918


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