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Published on November 06, 2013
Investment by FIIs under PIS - Incorporation in Caution List : M/s Edelweiss Financial Services Limited
The Reserve Bank of India has today notified that the aggregate net purchases of equity shares in M/s Edelweiss Financial Services Limited by Foreign Institutional Investors (FIIs) in the primary/secondary markets under Portfolio Investment Scheme (PIS) have reached the trigger limit. Hence, further purchases of equity shares of this company would be allowed only after obtaining prior approval of the Reserve Bank of India. Ajit Prasad Press Release : 2013-2014/934 |
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