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Eveready Industries India gets RBI approval for increase in foreign investment limit

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Capital Market

Up to 49%

Eveready Industries India announced that the Company has received on 30 September 2015, the Reserve Bank of India's approval dated 29 September 2015, with regard to the increase in the Foreign Institutional Investors (Flls) / Registered Foreign Portfolios Investors (RFPIs) investment ceiling / limit under the Portfolio Investment Scheme (PIS), upto 49 per cent of the paid up capital of the Company.

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First Published: Sep 30 2015 | 3:59 PM IST

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