Press Releases

(156 kb)
Date : Jan 12, 2018
Monitoring of Foreign Investment under PIS in Indian Companies- Incorporation in Ban List – FPIs: M/s TeamLease Services Ltd

The Reserve Bank of India has today notified that the foreign shareholding through Foreign Portfolio Investors (FPIs) in M/s TeamLease Services Ltd. has crossed the limit of 24 per cent 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 FPIs.

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/1919


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