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No further purchases in shares of Bharti tele-ventures: RBI
Mumbai, Nov 29: RBI today notified that foreign institutional investors, non-resident Indians and persons of Indian origin cannot make further purchases of Bharti Tele-ventures Ltd`s equity shares without prior approval of the Central Bank.
Mumbai, Nov 29: RBI today notified that foreign institutional investors, non-resident Indians and persons of Indian origin cannot make further purchases of Bharti Tele-ventures Ltd's equity shares without prior approval of the Central Bank.
They cannot make these additional purchases as the company has reached the trigger limit of 48.5 per cent of its paid up capital, an RBI release said here.
Bureau Report
Bureau Report