Investments by NRIs/OCBs/PIOs in the shares of Indian Companies

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Published on August 25, 1999

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Investments by NRIs/OCBs/PIOs in the shares of Indian Companies

The Reserve Bank of India on August 25, 1999 has notified that Non-resident Indians (NRIs), Overseas Corporate Bodies (OCBs) and Persons of Indian Origin (PIOs) can now purchase equity shares and convertible debentures of the following companies up to 24 per cent of their paid up capital through stock exchanges under the portfolio investment scheme, as the companies have passed resolutions at their General Body Meetings to this effect.

1. M/s. IVP Ltd.
2. M/s. Dharani Sugars & Chemicals Ltd.,

Rupambara Padhi
Manager
Press Release : 1999-2000/292

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