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Aditya Birla Nuvo gets RBI approval for hike in investment limit for RFPIs/ FIIs

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Capital Market

From 24% to up to 30%

Aditya Birla Nuvo announced that the Reserve Bank of India has granted its approval on 25 October 2016 for increase in investment limit for RFPIs/ FIIs from the existing 24% of the paid up equity share capital of the Company to up to 30% of the paid up equity share capital of the Company.

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First Published: Oct 25 2016 | 2:04 PM IST

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