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Jubilant FoodWorks approval to increase in investment limit for FIIs

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Capital Market
Last Updated : Feb 05 2014 | 12:01 AM IST

On 04 February 2014

Jubilant FoodWorks announced that its directors in board meeting held on 04 February 2014 have approved to increase in investment limit for Foreign Institutional Investors (FIIs) and foreign portfolio investors from 49% to 55% of the paid up equity share capital of the company subject to shareholders' approval by way of special resolution.

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First Published: Feb 04 2014 | 3:26 PM IST

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