(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.
RBI STATEMENT ON FII OWNERSHIP LIMIT IN TECH MAHINDRA
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