Board of Grasim Industries approves increase in investment limit by RFPIs/ FIIs

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Last Updated : Sep 12 2016 | 12:03 AM IST

On 10 September 2016

Grasim Industries announced that the Board of Directors vide a circular resolution passed on 10 September 2016 has approved the proposal to increase the limits for investment in equity share capital of Company by Registered Foreign Portfolio Investors (including FIIs) from 24% to 30% of the company's total paid up capital, subject to requisite approvals. The board also approved to convene EGM on 10 October 2016.

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First Published: Sep 10 2016 | 6:05 PM IST

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