FII Random

7/28/2019 FII Random

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v. Foreign Institutional Investments

The SEBI continued to encourage FIIs to invest in India and took measures to improve the regulatory

framework for FIIs to facilitate FII investments into the securities market. The following changes have

been made to the FII regulations during the year 1998-99:

Stock lending permitted

The stock lending scheme was introduced by SEBI in 1996. The FIIs, which are active participants in the

Indian securities market, have been allowed to lend stocks through an approved intermediary.

However, presently the FIIs are not permitted to borrow securities which could result into coveredshort sales by the FIIs.

Investments in T-bills allowed

While announcing the policy measures relating to the Government securities market in the credit

policy announcement on April 29, 1998, the RBI allowed FIIs to invest in treasury bills within the overall

approved debt ceiling. A previous amendment in 1997 had permitted FIIs to invest in proprietary funds

and also to invest in dated government securities.

Investments in unlisted securities permitted

The Finance Minister in his Budget Speech for 1998-99 announced that foreign institutional investors

investing through the 100 per cent debt route would be permitted to invest in unlisted securities.

Amendments to this effect have been approved and notified by the SEBI.

FIIs participation in open offers directly

The SEBI (Foreign Institutional Investors) Regulations, 1995 require FIIs to enter into secondary market

transactions only through stock brokers registered with SEBI. To facilitate the participation of FIIs in

open offers, the FIIs have now been permitted to tender their securities directly in response to an

open offer made in terms of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997.


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Investments in derivatives permitted

As FIIs are potential participants in the derivatives markets; it was felt that the presence of FIIs and

domestic institutions would be critical to the success of the market. It was, therefore, decided to

permit FIIs to buy and sell derivative contracts traded on a stock exchange.

Simplification of application procedure

In terms of regulations 12 and 13 of the SEBI (Foreign Institutional Investors) Regulations, 1995, FIIs

may invest on behalf of sub-accounts which are registered with SEBI. When considering an application

for registration of sub-accounts, the Regulations required submission of detailed information for

registration. Under this procedure, considerable time was sometimes taken in determining whether

the applicant was "broad based" as required by the Regulations. To simplify the registration processfor sub-accounts it has been decided that the determination of fulfillment of broad base criteria be

done by the foreign institutional investor itself and a declaration to this effect be submitted to SEBI.

The Regulations have been amended to incorporate a simplified format for registration of sub account

under which registration is now granted within three days of receipt of application.

Web Page for the FIIs

The foreign institutional investors operate through their offices located abroad. To facilitate better

exchange of information with the FIIs as well to provide information on the policy developments, a

separate page on FIIs has been created on the official web site of SEBI. The page contains the FII

regulations, the applications forms, details of the registration procedures and list of the FIIs registered

with the SEBI. a lot of details are also provided under the head frequently asked questions. The FIIs or

their representatives can also contact the FII division personnel in SEBI through this page.

http://www.jagranjosh.com/current-affairs/sebi-raised-investment-limit-for-foreign-institutional-

investors-in-corporate-bonds-to-40-billion-1301661509-1
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SEBI raised Investment Limit for Foreign Institutional Investors in Corporate Bonds to $40 billion

Suggested Readings:April 2011 Current Affairs,Topics for Bank PO | Clerk Exam ,Economy,2011

Current Affairs

Published on: 01-APR-2011

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Market regulator SEBI raised the overall investment limit for foreign institutional investors in corporate

bonds to $40 billion on 31 March 2011.

SEBI modified the policy where FIIs and the sub accounts registered with SEBI were permitted to investin corporate bonds only up to $20 billion. SEBIs decision is rooted Pranab Mukherjees 2011 -12 Budget

Speech where he pledged to to boost the flow of funds to the infrastructure sector.

FII limit for investment in corporate bonds with a residual maturity of over five years and issued by

companies in the infrastructure sector was increased by an additional $20 billion to a total limit to $25

billion.

SEBI specified that since most of the infrastructure companies are organised in the form of special

purpose vehicles or SPVs, FIIs would also be permitted to invest in unlisted bonds. The investment in

bonds, both listed and unlisted, should have a minimum lock-in period of three years.

FIIs will most likely be allowed to trade amongst themselves during the lockin period. To facilitate such

trading by FIIs, exchanges will provide for a special trading window on the same lines of equities in

companies where the overall FII investment reaches the maximum limit.
http://www.jagranjosh.com/current-affairs-april-2011-current-affairs-1301294123-1http://www.jagranjosh.com/current-affairs-april-2011-current-affairs-1301294123-1http://www.jagranjosh.com/current-affairs-april-2011-current-affairs-1301294123-1http://www.jagranjosh.com/current-affairs-topics-for-bank-po-clerk-exam-1301485330-1http://www.jagranjosh.com/current-affairs-topics-for-bank-po-clerk-exam-1301485330-1http://www.jagranjosh.com/current-affairs-topics-for-bank-po-clerk-exam-1301485330-1http://www.jagranjosh.com/current-affairs-economy-1284037727-1http://www.jagranjosh.com/current-affairs-economy-1284037727-1http://www.jagranjosh.com/current-affairs-2011-current-affairs-1299904549-1http://www.jagranjosh.com/current-affairs-2011-current-affairs-1299904549-1http://www.jagranjosh.com/current-affairs-2011-current-affairs-1299904549-1http://www.jagranjosh.com/current-affairs-2011-current-affairs-1299904549-1http://www.jagranjosh.com/current-affairs-2011-current-affairs-1299904549-1http://www.jagranjosh.com/current-affairs-2011-current-affairs-1299904549-1http://www.jagranjosh.com/current-affairs-economy-1284037727-1http://www.jagranjosh.com/current-affairs-topics-for-bank-po-clerk-exam-1301485330-1http://www.jagranjosh.com/current-affairs-april-2011-current-affairs-1301294123-1


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India needs over a trillion dollar of investment in infrastructure in the Twelfth Five Year Plan beginning

2012, about half of which is expected to come from the private sector.

Several high powered committee had previously recommended doing away with the ceiling altogetherto develop India's debt market, complete with vibrant markets in credit, currency and interest rate

derivatives. Committees like the Deepak Parekh Committee on infrastructure financing and RH Patil

Committee on deepening the bond market had also suggested easing of the foreign flow in debt market.

http://www.caparivaar.com/policy-relating-fii-investments-government-securities-and-long-term-

infrastructure-bonds-rationalize

Policy Relating to FII Investments in Government Securities and Long-Term Infrastructure Bonds

Rationalized;

New Scheme for ECB Borrowings Introduced

The policies relating to FII Investments in Government Securities, Corporate Bonds, Long-Term Infra

Bonds and ECB of Indian Companies and QFI have been reviewed and the following changes have been

made therein.

Government Securities:

a. Currently FIIs are allowed to invest US$5 billion in Government Securities that have residual

maturity of over five years. It has now been modified to reduce the residual maturity to three years.

b. An additional window of US$5 billion would be availablefor FII investment in Government

Securities subject to residual maturity of three years.

c. The above modifications would now make available to FIIs a total limit of US$10 billion subject to

residual maturity of three years.

d. With the above changes, the total FII limit would stand at US$20 billion.

e. Further, in order to broad base the non-resident investor base for Government Securities, it has

also been decided to allow long term investors like Sovereign Wealth Funds (SWFs), Multilateral

Agencies, Endowment Funds, insurance funds, pension funds and foreign Central Banks to be registered

with SEBI to also invest in Government securities within this enhanced limit of USD 20 billion.

A new scheme under ECB:
http://www.caparivaar.com/policy-relating-fii-investments-government-securities-and-long-term-infrastructure-bonds-rationalizehttp://www.caparivaar.com/policy-relating-fii-investments-government-securities-and-long-term-infrastructure-bonds-rationalizehttp://www.caparivaar.com/policy-relating-fii-investments-government-securities-and-long-term-infrastructure-bonds-rationalizehttp://www.caparivaar.com/policy-relating-fii-investments-government-securities-and-long-term-infrastructure-bonds-rationalizehttp://www.caparivaar.com/policy-relating-fii-investments-government-securities-and-long-term-infrastructure-bonds-rationalize


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HLC-ECB has decided to add a new scheme for External Commercial Borrowings (ECB

borrowings). Indian companies can now avail of ECBs for repayment of Rupeeloan(s) availed of from the

domestic banking system and/or for fresh Rupee capital expenditure, under the approval route, subject

to satisfying the following conditions:

i. Only companies in the manufacturing and infrastructure sector will be eligible to avail

of such ECBs;

ii. Such companies shall be a consistent foreign exchange earner during the past three

financial years;

iii. Such companies are not in the default list/caution list of the Reserve Bank of India;

and

iv. Such ECBs shall only be utilized for repayment of the Rupee loan(s) availed of for

`capital expenditure` incurred earlier and are still outstanding in the books of the domestic

banking system and/or for fresh Rupee capital expenditure.

v. The overall ceiling for such ECBs as stated at para-B (a) above, shall be USD10 (ten)

billion. The maximum permissible ECB that can be availed of by an individual company will be limited to

50 per cent of the average annual export earnings realised during the past three financial years. The

ECBs will be allowed to companies based on the foreign exchange earnings and its ability to service the

ECB. The companies should draw down the entire facility within a month after taking the Loan

Registration Number (LRN) from the Reserve Bank.

Rationalization in the Scheme of FIIs investment in Long-term Infrastructure Bonds

At present, FII investments in long term infra-bonds have a ceiling of US$25 billion. Out of

the US$25 billion, the following are the sub- categorization:

i. US$10 billion investment in IDF.

ii. US$5 billion for FII investments in long term infra bonds with a residual

maturity of one year and subject to a lock-in of similar period.


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iii. US$3 billion available for QFI investments in mutual fund debt

scheme that also invest in schemes of infrastructure companies.

iv. The remaining of the total ceiling (US$7 billion) is available in FII

investments in long term infra bonds that have residual maturity of three years and is also subject to a

lock-in period of three years.

The above scheme is being modified as under:

i. Of the US$7 billion available in FII investments which are currently

subject to a three year lock-in and three years residual maturity would now have one year lock-in and at

least 15 months residual maturity at the time of first purchase by an FII.

ii. The residual maturity of the bonds under the US$5 billion ceiling would

now be at least 15 months at the time of first purchase and the lock-in period would continue to be one

year.

iii. The lock-in for IDF investment would be reduced to one year from the

present three years subject to the condition that the residual maturity at the time of first purchase is at

least 15 months.

iv. As regards the USD 3 billion limit for QFI investment in MF debt schemes,

it has been decided that QFIs can invest in those MF debt schemes that hold at least 25% of their assets

(either in debt or equity or in both) in the infrastructure sector.

The withholding tax would be liberalized as announced in the 2012-13 Budget.

Department of Revenue (DoR), RBI and SEBI will issue necessary circulars to give effect to the above

changes/policies.

http://articles.economictimes.indiatimes.com/2012-08-08/news/33100706_1_indian-equities-fii-

inflows-indian-stocks
http://articles.economictimes.indiatimes.com/2012-08-08/news/33100706_1_indian-equities-fii-inflows-indian-stockshttp://articles.economictimes.indiatimes.com/2012-08-08/news/33100706_1_indian-equities-fii-inflows-indian-stockshttp://articles.economictimes.indiatimes.com/2012-08-08/news/33100706_1_indian-equities-fii-inflows-indian-stockshttp://articles.economictimes.indiatimes.com/2012-08-08/news/33100706_1_indian-equities-fii-inflows-indian-stockshttp://articles.economictimes.indiatimes.com/2012-08-08/news/33100706_1_indian-equities-fii-inflows-indian-stocks


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Indian equities attract maximum FII money in Asia since Jan'12

MUMBAI:Indian equitieshave attracted more foreign institutional flows than any other Asian market so

far in 2012 as portfolio investments resumed in July on renewed hopes of policy action by the

government to revive theeconomic growth.Foreign fundshave poured close to $11 billion (Rs 55,000

crore) into Indian equities so far this year with the second highest being South Korea, which clockedflows worth $6.3 billion (Rs 31,500 crore) since January.

A majority of the inflows took place between January and March and then in July. There were various

reasons for the intermittent flows. While foreign funds flooded money into Indian stocks in the January-

March period as fund managers felt the rupee was cheap compared to the dollar, the flows in July were

largely driven by the optimism surrounding the change in guard at the finance ministry. Kunal Ghosh,

the US-based emerging markets portfolio manager at Allianz Global Markets said July inflows were also

in the expectation of policy rate cuts by the Reserve Bank of India. "The first quarter [inflow] was

because of the equity market risk-on trade among foreign investors, and especially since India had

significantly underperformed in 2011," he said.

Almost Rs 47,500 crore flowed into India in January-March and July which is seven times the flows in the

first half of 2011. Brokers said the prospect of P Chidambaram, considered a more market-friendly

finance minister than his predecessorPranab Mukherjee, taking charge prompted foreign institutions,

which had not invested in January-March, to put money into Indian stocks. A majority of the flows into

India this year have been by exchange-traded funds and India-dedicated funds, brokers said.

"We have seen a reasonable amount of inflows via exchange-traded funds or ETFs noticed in the first

quarter with the pace picking up recently as well," said Avinash Gupta-MD and head of global marketsales,Bank of America-Merrill Lynch.

A sector-wide break-up of data further reveals that over 26% of the inflow was into the finance sector;

including banks the share of inflow is 32%. This was higher than the defensive bet fast moving consumer

goods (17%) and information technology (15%). "There is a lot of hope on the policy front in India which

is attracting the attention of foreign investors," said UR Bhat, MD, Dalton Capital Advisors. "In addition

there is talk of monetary easing both in the US and Europe and this has traditionally resulted in money

flowing into emerging markets like India. In anticipation of this monetary easing and the potential run-

up in markets like India foreign investors are probably taking positions in Indian stocks," he said.

However, a large part of these data hides one-off deals, institutional salespersons said. "A number of

block trades were executed during the year, where the sellers held their positions under FDI, whilst

some of the buyers were FIIs - this has skewed the numbers a bit to show largerFIIinflows," said Gupta.

While the absolute inflow numbers were the highest for India, when expressed as a share of market

capitalisation, Philippines had the highest inflow so far in 2012, said Allianz's Ghosh. "We measure the
http://economictimes.indiatimes.com/topic/Indian%20equitieshttp://economictimes.indiatimes.com/topic/Indian%20equitieshttp://economictimes.indiatimes.com/topic/Indian%20equitieshttp://economictimes.indiatimes.com/topic/economic%20growthhttp://economictimes.indiatimes.com/topic/economic%20growthhttp://economictimes.indiatimes.com/topic/economic%20growthhttp://economictimes.indiatimes.com/topic/Foreign%20fundshttp://economictimes.indiatimes.com/topic/Foreign%20fundshttp://economictimes.indiatimes.com/topic/Foreign%20fundshttp://economictimes.indiatimes.com/topic/Pranab%20Mukherjeehttp://economictimes.indiatimes.com/topic/Pranab%20Mukherjeehttp://economictimes.indiatimes.com/topic/Pranab%20Mukherjeehttp://economictimes.indiatimes.com/topic/Bank%20of%20Americahttp://economictimes.indiatimes.com/topic/Bank%20of%20Americahttp://economictimes.indiatimes.com/topic/Bank%20of%20Americahttp://economictimes.indiatimes.com/topic/FIIhttp://economictimes.indiatimes.com/topic/FIIhttp://economictimes.indiatimes.com/topic/FIIhttp://economictimes.indiatimes.com/topic/FIIhttp://economictimes.indiatimes.com/topic/Bank%20of%20Americahttp://economictimes.indiatimes.com/topic/Pranab%20Mukherjeehttp://economictimes.indiatimes.com/topic/Foreign%20fundshttp://economictimes.indiatimes.com/topic/economic%20growthhttp://economictimes.indiatimes.com/topic/Indian%20equities


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flows as a fraction of market capitalisation of the country. On that basis, in the last 12 months, the

highest flow was for Philippines and India was in line with Indonesia," he said.

Investment in Indian Companies by FIIs/NRIs/PIOs RegulationsForeign Institutional Investors (FIIs), Non-Resident Indians (NRIs), and Persons of IndianOrigin (PIOs) are allowed to invest in the primary and secondary capital markets in Indiathrough the portfolio investment scheme (PIS). Under this scheme, FIIs/NRIs can acquireshares/debentures of Indian companies through the stock exchanges in India. The ceiling for overall investment for FIIs is 24 per cent of the paid up capital of the Indiancompany and 10 per centfor NRIs/PIOs. The limit is 20 per cent of the paid up capital in thecase of public sector banks, including the State Bank of India. The ceiling of 24 per cent for FII investment can be raised up to sectoral cap/statutory ceiling,subject to the approval of the board and the general body of the company passing a special

resolution to that effect. And the ceiling of 10 per cent for NRIs/PIOs can be raised to 24 percent subject to the approval of the general body of the company passing a resolution to thateffect.The ceiling for FIIs is independent of the ceiling of 10/24 per cent for NRIs/PIOs.The equity shares and convertible debentures of the companies within the prescribed ceilingsare available for purchase under PIS subject to:- the total purchase of all NRIs/PIOs both, on repatriation and non-repatriation basis, beingwithin an overall ceiling limit of (a) 24 per cent of the company's total paid up equity capital and(b) 24 per cent of the total paid up value of each series of convertible debenture; and - the investment made on repatriation basis by any single NRI/PIO in the equity shares andconvertible debentures not exceeding five per cent of the paid up equity capital of the companyor five per cent of the total paid up value of each series of convertible debentures issued by thecompany.Monitoring Foreign InvestmentsThe Reserve Bank of India monitors the ceilings on FII/NRI/PIO investments in Indiancompanies on a daily basis. For effective monitoring of foreign investment ceiling limits, theReserve Bank has fixed cut-off points that are two percentage points lower than the actualceilings. The cut-off point, for instance, is fixed at 8 per cent for companies in which NRIs/PIOs can invest up to 10 per cent of the company's paid up capital. The cut-off limit for

companies with 24 per cent ceiling is 22 per cent and for companies with 30 per cent ceiling, is28 per cent and so on. Similarly, the cut-off limit for public sector banks (including State Bankof India) is 18 per cent.Once the aggregate net purchases of equity shares of the company by FIIs/NRIs/PIOs reachthe cut-off point, which is 2% below the overall limit, the Reserve Bank cautions all designatedbank branches so as not to purchase any more equity shares of the respective company onbehalf of FIIs/NRIs/PIOs without prior approval of the Reserve Bank. The link offices are thenrequired to intimate the Reserve Bank about the total number and value of equity


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shares/convertible debentures of the company they propose to buy on behalf ofFIIs/NRIs/PIOs. On receipt of such proposals, the Reserve Bank gives clearances on a first-come-first served basis till such investments in companies reach 10 / 24 / 30 / 40/ 49 per centlimit or the sectoral caps/statutory ceilings as applicable. On reaching the aggregate ceilinglimit, the Reserve Bank advises all designated bank branches tostop purchases on behalf oftheir FIIs/NRIs/PIOs clients. The Reserve Bank also informs the general public about the

`caution and the `stop purchase in these companies through a press release. The current list of companies allowed to attract investments from FIIs/NRIs/PIOs with theirrespective ceilings is:

List of companiesList of companies which have raised the ceiling from 10% in respect of NRIsinvestments under PIS (w.e.f. November 29, 2010)

Upto 24%

1 Alembic Chemical Works Co. Ltd.2 Amar Investments Ltd., Calcutta.

3 Anglo- India Jute Mills Co. Ltd.

4 Arvind Mills, Ahmedabad.

5 Ashima Syntex Ltd, Ahmedabad.

6 Ashoka Viniyoga Ltd.

7 Bharat Nidhi Ltd.

8 BLB Shares & Financial Services Ltd

9 BPL Ltd.

10 Burr Brown (India) Ltd

11 Camac Commercial Company Ltd.12 Ceenik Exports (India) Ltd.

13 Cifco Finance Ltd., Mumbai.

14 Classic Financial Services & Enterprises Ltd, Calcutta.

15 CPPL Ltd, (Reliance Ind. Infrastructure Ltd) Mumbai.

16 Crest Communication Ltd.

17 CRISIL

18 DCM Ltd.

19 DCM Shriram Consolidated Ltd.

20 Dharani Sugars & Chemicals Ltd

21 Dolphin Offshore Enterprises ( I ) Ltd.

22 Emco Ltd.

23 Essar Oil Ltd.

24 Essar Shipping Ltd., Blore

25 Essar Steel Ltd.

26 Eveready Industries India Ltd.


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27 Fabworth (I) Ltd.

28 Federal Bank Ltd.

29 Ferro Alloys Corporation Ltd., Tumsar.

30 Gammon India Ltd

31 Grasim Industries Ltd.

32 GTL Ltd.(formerly Global Tele-Systems Ltd.)

33 GTL Infrastructure Ltd

34 Hamco Mining & Smelting Ltd.

35 HCL Infosystems Ltd.

36 HEG Ltd

37 Hindustan Development Corp. Ltd, Calcutta.

38 Hindustan Nitroproducts (Gujarat) Ltd.

39 Hindustan Transmission Products Ltd., Mumbai

40 HMG Industries Ltd., Mumbai.

41 Housing Development and Infrastructure Limited42 Indiabulls Real Estate Ltd.

43 India bulls Securities Ltd.

44 Indiabulls Financial Services Ltd

45 Indiabulls Power Limited (formerly Sophia Power Company Limited)

46 Igarashi Motors India Ltd

47 IVP Ltd

48 Jagatjit Industries Ltd,

49 Jai Parabolic Springs Ltd.

50 Jaysynth Dyechem Ltd.

51 Jindal Strips Ltd.52 Jindal Iron & Steel Co. Ltd.

53 Jindal Saw Limited (formerly Saw Pipes Limited)

54 JJ Spectrum Silk Ltd.

55 Kartjikeya Paper & Boards Ltd.

56 K Sera Sera Productions Ltd

57 Lakhani India Ltd.

58 M.P. Agro Fertilisers Ltd., Bhopal.

59 Macleod Russel (I) Ltd.

60 Matsushita Television and Audio India Ltd.

61 Max India Ltd

62 Mazda Enterprises Ltd., Mumbai.

63 Media Video Ltd.

64 Monnet Ispat & Energy Limited

65 Multimetals Ltd., Mumbai

66 Neha International Limited.
http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21509http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21509http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=16443http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=16443http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=20761http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=20761http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=20761http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=16443http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21509


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67 National Steel Industries Ltd.

68 Nicholas Laboratories India Ltd., Mumbai.

69 Networth Stock Broking Limited

70 Nava Bharat Ventures Limited

71 O.P. Electronics Ltd., Mumbai.

72 Oriental Housing Development Finance Corp. Ltd.

73 Pabacea Biotec Ltd.

74 Padmini Technologies Ltd.

75 Pearl Polymers Ltd., New Delhi.

76 Piramal Healthcare Ltd.

77 PNB Finance & Industries Ltd

78 Rajath Leasing & Finance Ltd.

79 Rajesh Exports Limited

80 Rama Petrochemicals Ltd.

81 Rama Phosphates Ltd.82 Reliance Industries Ltd., Mumbai.

83 Rishra Investment Ltd., Calcutta

84 Rossell Industries Ltd., Calcutta.

85 Sahu Properties Ltd

86 Sanghvi Movers Ltd

87 Saurashtra Paper & Board Mills Ltd.

88 Sayaji Hotel Ltd.

89 SB & T International Ltd

90 Sharyans Resources Ltd.

91 Shanti Gears Ltd.92 Shibir India Ltd., Calcutta

93 Shrenuj & Company Ltd.

94 Shriram Industries Enterprises Ltd., N. Delhi.

95 Silverline Industries Ltd.

96 Sonata Software Ltd.

97 SRF Ltd.

98 Sterling Lease Finance Ltd., Mumbai.

99 Sujana Metal Products Ltd

100Svam Software Ltd.

101Synthetics and Chemicals Ltd., Mumbai.

102Shrenuj & Company Limited

103The Champdany Industries Ltd., Calcutta.

104The Dhanalakshmi Bank Limited

105The Dharamsi Morarji Chemical Co. Ltd .

106The Investment Trust of India Ltd.
http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21212http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21212http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21788http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21788http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21788http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21788http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21212


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107The Morarjee Goculdas Spinning & Weaving Co Ltd, Mumbai.

108Tolani Bulk Carrier Ltd.

109Unitech Limited.

110Uniworth International Ltd.

111Vaibhav Gems Ltd.

112Valecha Engineering Ltd.

113VisualSoft Technologies Ltd.

114Weltermann International Ltd.

115Woolworth (India) Ltd.

116Yes Bank Ltd.

117Zora Pharma Ltd.

118M/s. Redington(India) Ltd.(w.e.f. 29.11.2010)

119M/s. Compuage Infocom Limited (w.e.f. 4.3.2011)

120M/s. Kitex Garments Limited (w.e.f. 8.7.2011)

121M/s Indiabulls Wholesale Services Ltd (w.e.f. 26.08.2011)

122M/s Gitanjali Gems Ltd ( wef 16.09.2011)

123Everonn Education Limited ( w.e.f 6.1.2012)

124Indiabulls Infrastructure and Power Ltd ( w.e.f. 20.1.2012)

Upto 17%

1 Garware Shipping Corporation Ltd.

LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO 30% OF THEIRPAID UP CAPITAL UNDER PIS

1 Asian Paints (India) Ltd

2 Capital Trust Ltd

3 Container Corporation of India

4 Divis Laboratories Ltd

5 Ferro Alloys Corporation Ltd

6 Garware Polyester Ltd

7 GIVO Ltd (formerly KB & T Ltd)

8 Mahindra Gesco Developers Ltd

9 Orchid Chemicals and Pharmaceuticals Ltd

10 Penta Soft Tec(Pentafour Communications Ltd)

11 Polyplex Corporation Ltd

12 Ranbaxy Laboratories Ltd

13 Shasun Chemicals Ltd

14 Sonata Software Ltd

15 The Paper Products Ltd
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13/22

16 Vikas WSP Ltd

17 Apollo Tyres Ltd.(w.e.f. June 22, 2010)

LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO 40% OF THEIRPaid Up Capital

1 Adlabs Films Ltd.

2 Aftek Infosys Ltd.

3 Balaji Telefilms Ltd.

4 Bharat Forge Ltd

5 Burr Brown (India )Ltd

6 Cipla Ltd.

7 Elbee Services Ltd

8 Glenmark Pharmaceuticals Ltd

9 Gujarat Ambuja Cements Ltd

10 HEG Ltd11 Hero Honda Motors Ltd

12 Jindal Steel & Power Ltd

13 Jyoti Structures Ltd

14 Maars Software International Ltd

15 Mount Everest Mineral Water Ltd

16 Padmini Technologies Ltd.

17 Rajasthan Spinning & Weaving Mills Ltd

18 Rico Auto Industries Ltd.

19 Shanti Gears Ltd.

20 Silverline Technologies Ltd.

21 Suven Life Sciences Ltd.

22 The India Cements Ltd.

23 The Indian Hotels Company Ltd

24 Thiru Arooran Sugars Ltd.

25 UTV Software Communications Ltd

26 Visual Soft Technologies Ltd.

27 Ways India Ltd.

28 Shemaroo Entertainment Limited (w.e.f. 24.02.2012)

LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO 49% OF THEIRPaid Up Capital

1 Alok Industries

2 Auribindo Pharma Ltd.

3 Arvind Mills Ltd

4 Balakrishna Industries Ltd
http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26019http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26019http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26019


14/22

5 Blue Dart Express Ltd

6 CRISIL

7 Digital GlobalSoft Ltd.

8 Dr. Reddys Laboratories Ltd.

9 D. S. Kulkarni Developers Ltd.

10 Federal Bank Ltd.

11 Financial Technologies (I) Ltd

12 HDFC Bank Ltd

13 Himachal Futuristic Communications Ltd.

14 Hindustan Lever Ltd.

15 Hughes Software Ltd.

16 ICICI Bank Ltd.

17 Ind-Swift Laboratories Ltd.

18 Karnataka Bank Ltd.

19 LIC Housing Finance Ltd.20 Marksans Pharma Ltd.

21 Mahindra & Mahindra Ltd.

22 Mastek Ltd

23 Max India Ltd

24 McDowell & Co Ltd

25 NIIT Ltd.

26 NIIT Technologies Ltd.

27 Panacea Biotec Ltd.

28 Reliance Capital Ltd.

29 Reliance Energy Ltd.30 Reliance Industries Ltd.

31 Reliance Petroleum Ltd.

32 SB & T International Ltd.

33 Sadbhav Engineering Limited

34 S. Kumars Nationwide Ltd

35 Soffia Software Ltd

36 Strides Arcolabs Ltd

37 Sun Pharmaceutical Industries Ltd.

38 Swaraj Mazda Ltd

39 The South Indian Bank Ltd

40 The Dhanalakshmi Bank Limited

41 SPANCO Limited

42 United Breweries Ltd

43 United Phosphorus Ltd

44 UTI Bank Ltd.
http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17228http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17228http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21357http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21357http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21357http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17228


15/22

45 Vimta Labs Ltd.

46 Wockhardt Ltd.

47 Yes Bank Ltd.

48 Zeefilms Ltd.

49 Welspun India Ltd (w.e.f. 10.02.2010)

LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO LIMITS FIXED BYCOMPANIES AS INDICATED AGAINST THEIR NAMES

1 Amtek Auto Ltd (74%)

2 Advanta India Limited 49%

3 Amtek India Ltd (74%)

4 Ahmednagar Forgings Ltd (74%)

5 Anant Raj Industries Ltd. (40%)

6 ANG Auto Ltd (49%)

7 Apollo Hospitals (74%)8 Aptech Ltd (74%)

9 Arshiya International Limited (49%)

10 Ansal Properties Infrastructure Limited (49%)

11 Bhagwati Banquets & Resorts Ltd.

12 Bombay Rayon Fashions Ltd (26%)

13 Bajaj Auto Finance Ltd (30%)

14 Bajaj Hindusthan Limited (74%)

15 Balrampur Chini Mills Ltd (60%)

16 Birla Power Solutions Ltd. (74%)

17 Core Projects & Technologies Ltd.(74%)

18 Cranes Software International Limited (60%)

19 Crest Communication Ltd (50%)

20 CESC Ltd. (49%)

21 CREW B.O.S. Products Ltd. -(49%)

22 DCM Ltd - (49%)

23 Development Credit Bank Ltd. - (49%)

24 Dagger-Forst Tools Ltd. - (74%)

25 Emco Ltd - (49%)

26 Escorts Ltd - (49%)

27 Era Construction (India) Ltd - (40%)

28 Fedders Lloyd Corporation Limited (74%)

29Ganesh Housing Corporation Ltd.(49%)(formerly Ganesh Housing Finance Corporation Ltd)

30 Gammon India Ltd - (49%)

31 Garware Offshore Services Ltd-(60%)
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16/22

32 Godrej Consumer Products Ltd (35%)

33 Great Offshore Limited-(49%)

34 GTL Ltd. (74%)

35 GTL Infrastructure Ltd. (74%)

36 Gujarat Pipavav Port Limited (45%) (w.e.f May 29, 2012)

37 HTMT Global Solutions Ltd.-(74%)

38 Hindustan Construction Co Limited (49%)

39 Hindalco Industries Limited (40%)

40 Igarashi Motors India Ltd. - (40%)

41 Il & FS Investment Managers Ltd- 74%

42 ICSA (INDIA) Ltd. - (49%)

43 I-Flex Solutions Ltd. (60%)

44 India Nivesh Limited (49%)

45 Infrastructure Development Finance Company Limited (74%)

46 Info Edge (India) Ltd. (40%)

47 International Conveyor Limited (74%)

48 IOL Broadband Ltd. - (49%)

49 Jai Corp Ltd. -(49%)

50 Jindal Saw Limited (49%) (formerly Saw Pipes Limited )

51 Jaisal Securities Limited (50%)

52 Jaiprakash Associates Ltd. (45%)

53 JSW Steel Limited (49%)

54 Jupiter Bioscience Ltd. - (70%)

55 Kamdhenu Ispat Ltd. (49%)

56 Karuturi Networks limited (74%)57 KEI Industries Ltd. - (49%)

58 Kotak Mahindra Bank Ltd (33%)

59 KPIT Cummins Infosystems Limited (49%)

60 Laxmi Energy & Foods Ltd (Lakshmi Overseas Industries Ltd) (49%)

61 Lloyd Electric & Engineering Ltd (74%)

62 Logix Microsystems Ltd - (74%)

63 Micro Technologies (India) Limited (49%)

64 Maharashtra Seamless Limited (40%)

65 McDowell Holdings Ltd -(49%)

66 Mercator Lines Ltd (70%)67 Monnet Ispat & Energy Limited (40%)

68 Moser Baer India Ltd (74%)

69 MARG Limited (40%)

70 McLeod Russel India Limited (40%)

71Network 18 Media & Investments Limited (Formerly Network 18 Fincap Ltd)- 49% (FIIs/NRIs/PIO upto 40%)

72 Neha International Limited (49%)
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n/scripts/BS_PressReleaseDisplay.aspx?prid=20235http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17950http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17196http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17873http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21712http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21277http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=16948http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26551http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17370


17/22

73 Nagarjuna Construction Company Ltd. (74%)

74 Nava Bharat Ventures Limited (40%)

75 NITCO Tiles Ltd. (60%)

76 Northgate Technologies Ltd (74%)

77 Om Metals Infra projects Ltd.(49%)

78 Opto Circuits (India) Ltd (40%)

79 Paramount Communications Ltd (39%)

80 Patni computers Ltd (74%)

81 Pioneer Investcorp Limited (40%)

82 The Phoenix Mills Limited. (49%)

83 Pritish Nandy Communications Ltd (60%)

84 Provogue (India) Ltd. (49%)

85 Piramal Healthcare Limited (49%)

86 PTC India Ltd. - (60%)

87 Punjab Tractors Ltd. (64%)

88 PVR Ltd (50%)

89 Pyramid Saimira Theatre Ltd. (40%)

90 M/s. Prime Securities Limited (74%)

91 Parekh Aluminex limited (74%)

92 Precoated Steels Limited (49%)

93 Peninsula Land Limited (40%)

94 Parsvnath Developers Limited (40%)

95 Rajesh Exports Ltd (49%)

96 Rolta India Ltd (75%)

97 Sakthi Sugars Ltd (50%)

98 Sanghvi Movers Ltd.(49%)

99 Satnam Overseas Ltd (51%)

100Satyam Computer Services Ltd (60%)

101Shree Renuka Sugars Ltd. (49%)

102Sical Logistics Ltd. (49%)

103Sintex Indiastries Ltd. (74%)

104Srei Infrastructure Finance Ltd (64%)

105Subex Systems Ltd. (74%)

106Sun Pharma Advance Research Company Ltd. (49%)

107SSI Ltd (74%)

108SESA GOA Limited (45%)109Soma Textiles & Industries Ltd. (74%)

110Suzlon Energy Limited(49%)

111Tata Motors Ltd.(35%)

112Tata Tea Ltd (35%)

113The Tata Power Company Ltd (35%)

114The Jammu & Kashmir Bank Ltd. (40%)
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_PressReleaseDisplay.aspx?prid=17009http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21212http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=16758


18/22

115Tanla Solutions Ltd. (49%)

116Temptation Foods Ltd. -(74%)

117Tourism Finance Corporation of India Ltd (49%)

118Tulip IT Services Ltd. (40%)

119Unichem Laboratories Ltd (39%)

120United Spirits Limited (59%)

121Vaibhav Gems Ltd (60%)

122Vakrangee Softwares Ltd. (49%)

123Venus Remedies Limited- (49%)

124Voltas Limited (30%)

125WELSPUN Gujarat Stahl Rohren Limited (49%)

126Zicom Electronic Security System Ltd (74%)

127S.E Investments Limited (74% - 28.01.2010)

128KRBL Limited (49% w.e.f. March 15, 2010)

129Su-raj Diamonds and Jewellery Limited (65% w.e.f. 27.10.2010 updatedfrom earlier limit of 49% w.e.f. March 30,2010)

130Hathway Cable & Datacom Limited (49% w.e.f.-May 21,2010)

131Rei Agro Limited (75% w.e.f.July 7, 2010)

132Rural Electrification Corporation Ltd (35% w.e.f.30.9.2010).

133Cox and Kings (India) Limited (74% w.e.f.-October 5, 2010)

134GMR Infrastructure Limited (35% w.e.f.October 22, 2010)

135GCV Services Limited (49% w.e.f. December 23, 2010)

136IVRCL Assets & Holdings Limited (49% w.e.f. 7.2.2011)

137SVC Resources Ltd. (49% w.e.f. 9.2.2011)

138Marico Limited (35% w.e.f.25.2.2011)

139Compuage Infocom Limited (49% w.e.f. 4.3.2011)

140Lupin Limited (33% w.e.f. 28.4.2011)

141Tecpro Systems Limited (49% w.e.f. 6.5.2011)

142Era Infra Engineering Limited(65% w.e.f. 12.5.2011)

143VA Tech Wabag Limited (49% w.e.f.16.6.2011)

144Jubilant FoodWorks Limited ( 49 % w.e.f 26.08.2011)

145Info-Drive Software limited (49 % w.e.f. 26.08.2011)

146Gitanjali Gems Ltd ( 50% wef 16.09.2011)

147Mahindra & Mahindra Financial Services Ltd ( 49 % wef 03.10.2011)

148Jain Irrigation Systems Limited ( 60% wef 17.10.2011)

149The Karur Vysya ank Limited ( 35 % wef 17.10.2011)

150Nava Bharat Ventures Ltd (60 % wef 18.11.2011)

151Polaris Financial Technology Limited (49.90% wef 20.12.2011)

152SKS Microfinance Limited (74% wef 6.1.2012)

153Just Dial Limited (49% wef 20.1.2012)

154Dewan Housing Finance Corporation Limited (60% wef 02.02.2012)
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19/22

Kavveri Telecom Products Limited (35% wef 09-04-2012)

LIST OF COMPANIES IN WHICH FII INVESTMENT IS ALLOWED UPTO SECTORALCAP/STATUTORY CEILING OF THEIR PAID UP CAPITAL

1 AZTEC Software and Technology Services Ltd - (100%)2 Dynamatic Technologies Limited -(100%)

3 Educomp Solutions Limited.(100%)

4 Gateway Distriparks Ltd - (100%)

5 Geodesic Information Systems Ltd- (100%)

6 Geometric Software Solutions Ltd (100%)

7 Gujarat NRE Coke Limited -(74%)

8 HCL Infosystems Ltd. (100%)

9 Hexaware Technologies Ltd (100%)

10Housing Development and Infrastructure Limited (100%)

11Indiabulls Real Estate Limited(100%)

12Indiabulls Financial Services Ltd (100%)

13Indiabulls Securities Limited - (100%)

14Indiabulls Power Limited (100%)(formerly Sophia Power Company Limited)

15Infotech Enterprises Limited (100%)

16Infosys Technologies Ltd. (100%)

17IVRCL Infrastructures & Projects Ltd (100%)

18India Infoline Ltd. (100%)

19Mascon Global Ltd. (100%)

20Mphasis BFL Ltd (100%)21Orbit Corporation Limited (100%)

22Pentamedia Graphics Ltd.- (100%)

23Pentasoft Technologies Ltd. (100%)

24Prajay Engineers Syndicate Limited (100%)

25Punj Lioyd Limited (100%)

26IFCI Limited. (74%)

27Reliance Communications Ltd (74%)

28Sujana Metal Products Ltd - (100%)

29Sujana Towers Limited-(100%)

30Sujana Universal Industries Ltd - (100%)

31Shrenuj & Company Limited- (100%)

32Unitech Limited (100%)

33Interworld Digital Limited (100%)

34Shobha Developers Limited (100% - Feb 3, 2010)

35Everonn Education Ltd. (100% w.e.f.June 4, 2010)
http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26270http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26270http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=19201http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=19201http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=16765http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=16765http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=16765http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=16765http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17743http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17743http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=16444http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=16444http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=16444http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=16444http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=16444http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21509http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21509http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21509http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21509http://rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=17552http://rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=17552http://rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=17552http://www.rbi.org.in/scripts/WSSView.aspx?Id=21276http://www.rbi.org.in/scripts/WSSView.aspx?Id=21276http://www.rbi.org.in/scripts/WSSView.aspx?Id=21276http://www.rbi.org.in/scripts/WSSView.aspx?Id=12532http://www.rbi.org.in/scripts/WSSView.aspx?Id=12532http://www.rbi.org.in/scripts/WSSView.aspx?Id=12532http://www.rbi.org.in/scripts/WSSView.aspx?Id=12532http://www.rbi.org.in/scripts/WSSView.aspx?Id=12532http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17723http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17723http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17723http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17062http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17062http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17062http://rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=17493http://rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=17493http://rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=17493http://rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=17493http://rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=17493http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=22597http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=22597http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=22597http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=22597http://rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=17493http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17062http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17723http://www.rbi.org.in/scripts/WSSView.aspx?Id=12532http://www.rbi.org.in/scripts/WSSView.aspx?Id=21276http://rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=17552http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21509http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=21509http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=16444http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17743http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=16765http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=19201http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26270


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36Redington (India) Limited (100% w.e.f. November 29, 2010)

37Indiabulls Wholesale Services Ltd (100% w.e.f August 23, 2011)

38eClerx Services Limited ( 100% wef December 20, 2011)

39Indiabulls Infrastructure and Power Ltd (100% w.e.f Jan 20,2011)

40Housing Development Finance Corporation Limited (100% w.e.f.May 24, 2012)

41Phoenix Mills Limited( 100% w.e.f. July 27 2012, Revised fromearlier limit of 49%)

LIST OF PRINT MEDIA COMPANIES IN WHICH FDI / FII INVESTMENT IS ALLOWED

1 Jagran Prakashan -26%

2 Deccan Chronicle Holdings Ltd 24% (FIIs upto 14%)

3 IBN 18 Broadcast Ltd.-26%

Companies in which overall FII ceiling has reached and no further purchases areallowed Companies falling under 24 %

1 Pantaloon Retail (India) Ltd.

2 Panyam Cements and Minerals Industries Ltd.

3 Elpro International Limited (wef 25.08.2011)

4 Anil Modi Oil industries Ltd (wef 25.08.2011)

Companies falling under 30 %None

Companies falling under 49% limit

None

Companies where 38% FII limit has been reached and further purchases are allowedwith prior approval of RBI.None

Companies where 28% FII limit has been reached and further purchases are allowedwith prior approval of RBI.None

Companies where 22% FII limit has been reached and further purchases will be allowedwith prior approval of RBI

1Grasim Industries Limited

2Mindtree Limited

Companies where NRI/PIO Investment has already reached 10 % and no furtherpurchases can be allowed

1 Chandraprabhu Housing Ltd
http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=23497http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=23497http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=23497http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=24966http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=24966http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=24966http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=25628http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=25628http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=25628http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=25831http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=25831http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=25831http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26527http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26527http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26527http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26527http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26921http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26921http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26921http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26921http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=22252http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=22252http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=22804http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=22804http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=24969http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=24969http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=24969http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=24969http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26880http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26880http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26880http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=24969http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=24969http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=22804http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=22252http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26921http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26921http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26527http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26527http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=25831http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=25628http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=24966http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=23497


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2 Coxswain Technology Ltd (Kaveri Biotech Ltd)

3 Dev Sugars Ltd

4 Dharendra Industries Ltd

5 DSQ Biotech Ltd

6 Fintech Communications7 IQMS Software Ltd

8 Kakatiya Cement Sugar & Industries Ltd

9 Madras Aluminium Co. Ltd.

10Rama Phosphates Ltd

11SGN Telecom

12SPL Ltd.

13Squared Biotech Ltd

14Tai Industries Ltd.

15Goldcrest Finance (India) Limited (w.e.f. 14.11.2011)

Companies where the NRI investment has reached the trigger point of 8% and furtherpurchases are allowed only with prior permission of RBI

1Codura Exports Ltd

2Cosmo Films Ltd

3Dalmia Cement (Bharat) Ltd

4Deccan Cements Ltd

5Garden Silk Mills Ltd.

6Nexus Software Ltd

7Polyplex Corporation Ltd

8Premier Explosives Ltd

Companies in which the Ban limit in respect of maximum permissible foreign holdingincluding GDR/ADR/FDI/NRI/PIO/FII Investment as stipulated by Government has beenreached.

Pantaloon Retail (India) Ltd.

Companies in which the Caution limit in respect of maximum permissible foreignholding including GDR/ADR/FDI/NRI/PIO/FII Investments as stipulated by Governmenthas reached.

None

Print Media Companies in whichthe Caution limit in respect of maximum permissible foreign holding includingFDI/NRI/PIO/FII Investments as stipulated by Government has reached.
http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=25409http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=25409http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=25409http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=18864http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=18864http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=18864http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=18864http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=18864http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=18864http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17236http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17236http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17236http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=17236http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=18864http://rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=18864http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=25409


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None

Print Media Companies in which the Ban limit in respect of maximum permissibleforeign holding including FDI/NRI/PIO/FII Investments as stipulated by Government hasreached.

NonePublic Sector banks in which

20% limit has been reached and no further investments are permitted

None

Public Sector banks in which 18% caution limit has been reached and further purchasesby FIIs/NRIs/PIOs are allowed only with prior permission of RBI

1 Punjab National Bank

Private Sector Banks in which the Caution limit in respect of maximum permissibleforeign holding including GDR/ADR/FDI/NRI/PIO/FII Investments as stipulated byGovernment has reached

1 ING Vysya Bank Ltd.2 IndusInd Bank Ltd 3 The South Indian Bank Limited

Private Sector Banks in which the Ban limit in respect of maximum permissible foreignholding including GDR/ADR/FDI/NRI/PIO/FII Investments as stipulated by Governmenthas reached

NonePrivate Sector Banks in which the

Caution limit in respect of FIIs Investment has reached.

None

Private Sector Banks in which the Ban limit in respect of FIIs Investment has reached.

None

Further purchases are allowed only with prior permission of RBI.

ReDNo further purchases are allowed.
http://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=20735http://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=20735http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=23845http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=23845http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26109http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26109http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=26109http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=23845http://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=20735

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