Invstmnt by NRIs/PIOs under PIS: Kakatiya Cement Sugar

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Invstmnt by NRIs/PIOs under PIS: Kakatiya Cement Sugar

Investment by NRIs/PIOs under PIS: Kakatiya Cement Sugar & Industries Limited. Kakatiya Cement Sugar & Industries Limited, has reached the stipulated limit of 10 per cent of its paid up capital.

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The Reserve Bank India has notified on May 7, 2008 that no further purchases of equity shares of Kakatiya Cement Sugar & Industries Limited, should be made through stock exchanges in India on behalf of Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Investment Scheme (PIS). The Reserve Bank of India has stated that the aggregate share holding of Non- Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under Portfolio Investment Scheme (PIS) in Kakatiya Cement Sugar & Industries Limited, has reached the stipulated limit of 10 per cent of its paid up capital.

Sourced From: Reserve Bank of India