Investment by NRIs/OCBs/PIOs in Indian Companies - RBI - Reserve Bank of India
Investment by NRIs/OCBs/PIOs in Indian Companies
The Reserve Bank of India on August 1, 2001 has notified that no further purchases of shares of M/s. DSQ Biotech Ltd., should be made on behalf of NRIs/OCBs/PIOs in the secondary markets.
The Reserve Bank has stated that M/s. DSQ Biotech Ltd. has reached the overall limit of 10 per cent investment in its paid up equity capital by NRIs/OCBs/PIOs.
P.V. Sadanandan
Asst. Manager
Press Release: 2001-02/134
Monitoring of Investments in Companies
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