The Reserve Bank of India has today notified that the aggregate net purchases of equity shares in M/s Carborundum Universal Limited by Foreign Institutional Investors (FIIs) in primary / secondary markets under Portfolio Investment Scheme (PIS) have reached the trigger limit. Therefore, further purchases of equity shares of this company would be allowed only after obtaining prior approval of the Reserve Bank of India.

Ajit Prasad
Assistant General Manager

Press Release : 2012-2013/1992