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RBI-Monitoring of Foreign Investment in Indian Companies by NRIs/PIOs under PIS: M/s Pankaj Polypack Ltd
July, 10th 2014

The Reserve Bank of India has today advised that no further purchases of the shares of M/s Pankaj Pplypack Ltd (Name as per BSE website) / Pankaj Polypack Ltd (name as confirmed by the company) would be allowed through stock exchanges on behalf of Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under the portfolio investment scheme (PIS) as the aggregate net purchases of the equity shares in M/s Pankaj Pplypack Ltd (Name as per BSE website) / Pankaj Polypack Ltd (name as confirmed by the company) by NRIs/PIOs in the primary/secondary markets has reached the trigger limit of 10 per cent.

Ajit Prasad
Assistant General Manager

Press Release: 2014-2015/65

 
 
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