Investment by NRIs/OCBs/PIOs in shares of Indian companies

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ప్రచురించబడిన తేదీ జనవరి 07, 2000

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Investment by NRIs/OCBs/PIOs in shares of Indian companies

The Reserve Bank of India on January 7, 2000, has notified that no further purchases of shares of the following companies should be made on behalf of non-resident Indians (NRIs)/overseas corporate bodies (OCBs)/persons of Indian origin (PIOs) without obtaining prior approval of the Reserve Bank. The Reserve Bank has stated that the net purchases of equity shares of these companies in the secondary markets have reached the limit of 8 per cent of its paid up equity capital.

1. M/s. Asian Star Co.
2. M/s. Codura Exports Ltd.

Rupambara Padhi
Manager
Press Release : 1999-2000/886
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