(The following press release issued by the Reserve Bank of India was
Investment by Foreign Institutional Investors (FIIs) under PIS: M/s Tech
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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