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Team Lease Services gets RBI approval for increase in FPI investment limit

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Capital Market
Last Updated : Mar 07 2018 | 5:31 PM IST

From 24% to 75%

Team Lease Services announced that the Reserve Bank of India has approved for increase in FPI investment limits under Portfolio Investment Scheme from 24% to 75% of the paid up capital of the company pursuant to board and shareholders approval. Accordingly, the restrictions placed on the purchase of shares of the company by FPI are withdrawn with immediate effect.

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First Published: Mar 07 2018 | 5:17 PM IST

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