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Board of Pincon Spirit increases overseas investment limit

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Capital Market

At meeting held on 21 November 2016

The Board of Pincon Spirit approved to increase the power of the Board for making overseas investments from USD 500000 to USD 4.9 million, subject to provision of Companies Act, 2013, FEMA and guidelines issue by RBI or any other regulatory bodies.

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First Published: Nov 21 2016 | 4:53 PM IST

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