RBI STATEMENT ON FII OWNERSHIP LIMIT IN TECH MAHINDRA

     (The following press release issued by the Reserve Bank of India was 
obtained from 
http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=29453) 
Investment by Foreign Institutional Investors (FIIs) under PIS: M/s Tech 
Mahindra Limited
The Reserve Bank of India today notified that M/s. Tech Mahindra Limited has 
passed resolutions at the Board of Directors' level and a special resolution by 
the shareholders, agreeing to enhancing the limit for the purchase of its 
equity shares and convertible debentures by Foreign Institutional Investors 
(FIIs), through primary market and stock exchanges up to 35% of the paid up 
capital of the company under Portfolio Investment Scheme.
 
 
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