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Transwarranty Finance increases FIIs limit of equity holding

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Capital Market

On 14 January 2014

The directors of Transwarranty Finance in the board meeting held on 14 January 2014 have increased the limit for acquiring and holding equity shares of the company by Foreign Institutional Investors (FIIs), upto an aggregate limit of 74% of the paid up equity share capital and also total holding of securities in the company by all NRIs put together, be limited to 24% of the aggregate paid up share capital of the company instead of 10%.

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First Published: Jan 15 2014 | 2:31 PM IST

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