Investment by NRIs/OCBs/PIOs Under PIS

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Published on May 23, 2000

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Investment by NRIs/OCBs/PIOs Under PIS

The Reserve Bank of India on May 23, 2000 has notified that no further purchases without the prior approval of the Reserve Bank should be made of equity shares of Padmini Polymers Ltd. And Nalco Chemicals India Ltd. on behalf of non-resident Indians (NRIs)/overseas corporate bodies (OCBs)/persons of Indian origin (PIOs). The Reserve Bank has stated that the aggregate net purchases of equity shares of these companies by NRIs/OCBs/PIOs in the secondary market has reached the caution limit of 8 per cent of their paid up equity capital.

Alpana Killawala
General Manger
Press Release : 1999-2000/1564

Monitoring of Investments in Companies

FII Investment		NRIs/OCBs/PIOs Investment

Not applicable		Click here for companies in which 8 per cent trigger limit is reached

		Click here for companies in which 10 per cent ceiling is reached

Click here for companies in which 22 per cent trigger limit is reached		Click here for companies in which 22 per cent trigger limit is reached

Click here for companies in which 24 per cent ceiling is reached		Click here for companies in which 24 per cent ceiling is reached

Click here for companies in which 28 per cent trigger limit is reached		Not applicable

Click here for companies in which 30 per cent ceiling is reached

Click here for companies in which 40 per cent ceiling is reached