 Investment by FIIs under PISPublished on Wed, Feb 06, 2008 at 12:58 | Source : Moneycontrol.com Updated at Wed, Feb 06, 2008 at 13:51 2697 Investors following Nitco. Share this News with them.
The Reserve Bank of India has notified today that Foreign Institutional Investors (FIIs) can now purchase under Portfolio Investment Scheme (PIS) equity shares and convertible debentures of the following companies through primary and secondary markets in India upto the limits of their paid up capital shown against their names, as these companies have passed resolutions at their Board of Directors' level and have passed resolutions in their Extra-Ordinary General Meeting to this effect. 1. M/s. India Nivesh Ltd. 49 per cent 2. M/s. Nitco Tiles Ltd. 60 per cent Sourced From: Reserve Bank of India
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Tags: RBI, , FIIs, PIS, equity shares , convertible debentures, paid up capital , resolutions, India Nivesh, Nitco Tiles |
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