Investment by FIIs in Indian companies - RBI - Reserve Bank of India
Investment by FIIs in Indian companies
The Reserve Bank of India on April 28, 2000 has notified that without its permission, no further purchases of shares of M/s. Penta Media Graphic Ltd. (formerly Pentafour Software & Exports Ltd.), should be made on behalf of foreign institutional investors (FIIs) under the portfolio investment scheme. The Reserve Bank has stated that M/s. Penta Media Graphic Ltd., has reached the limit of 28 per cent of its paid up equity capital.
Alpana Killawala
General Manager
Press Release : 1999-2000/1448
Monitoring of Investments in Companies
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