Press Releases

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Date : May 26, 2017
FIIs/FPIs investment under PIS - Incorporation in Caution List - M/s Parag Milk Foods Limited

The Reserve Bank of India has today notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Foreign Portfolios Investors (FPIs) in M/s Parag Milk Foods Ltd. has reached the trigger limit. Hence 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 Adviser

Press Release: 2016-2017/3197


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