INDIA: Mindtree Limited Increases India Foreign Ownership Limits

Friday August 24 2012

It has been reported that Mindtree Limited, has increased its limit for India Foreign Ownership Limits and Foreign Institutional Investor (FIIs) investment to 49% of the paid up capital of the company.

As a result, FIIs can now purchase equity shares, preference shares and convertible debentures of this company until the aggregate India foreign institutional investment limit of 100% of the paid up capital is reached.

This information will be updated as more details become available