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The Reserve Bank of India has today notified that that Foreign Institutional Investors (FIIs) can purchase equity shares and convertible debentures of M/s Prajay Engineers Syndicate Limited through primary market or stock exchanges in India upto 100 per cent of its paid up capital.
M/s Prajay Engineers Syndicate Limited has passed resolutions at its Board of Directors and Extra-Ordinary General Meeting to this effect.
Sourced From: Reserve Bank of India
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