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Infrastructure Today Magazine | TD Power raises FI limit

TD Power raises FI limit

Finance Update  /  Oct 01, 2014

Registered Foreign Portfolios Investors (RFPIs) can now purchase up to 100 per cent of TD Power Systems under the Portfolio Investment Scheme. Earlier the limit for the foreign institutional investors (FIIs) or RFPIs to purchase equity shares in the company was capped at was at 49 per cent. The purchases could be made through primary market and through stock exchanges in the Bengaluru based AC generator maker.

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