Monitoring FIIs investments in Indian Companies - ఆర్బిఐ - Reserve Bank of India
Monitoring FIIs investments in Indian Companies
The Reserve Bank of India has advised that Foreign Institutional Investors (FIIs) can now purchase equity shares and convertible debentures of HDFC Ltd. up to 49 per cent of their paid up capital instead of the earlier 24 per cent through stock exchanges under the Portfolio Investment Scheme (PIS), as this company has passed resolutions at its Board of Directors' Meeting and a special resolution in the General Body Meeting to this effect.
P.V. Sadanandan
Asst. Manager
Press Release : 2000-01/1563
Monitoring of Investments in Companies
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