INDIA: Incorporation in Foreign Investment Ban List – Ms Trent Ltd

Friday September 2 2016

The Reserve Bank of India has today notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in M/s Trent Ltd. has crossed the limit of 24 per cent of its paid-up capital. Therefore, no further purchases of shares of this company would be allowed through Stock Exchanges in India on behalf of FIIs/RFPIs.

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