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Date : Oct 16, 2017
FIIs/FPIs investment under PIS - Incorporation in Caution List – M/s Niyogin Fintech Ltd

The Reserve Bank of India has today notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Foreign Portfolios Investors (FPIs) in M/s Niyogin Fintech 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.

Shailaja Singh
Assistant General Manager

Press Release: 2017-2018/1052


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