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TD Power raises FI limit

Power & New and Renewable Energy
October 1, 2014October 1, 2014
TD Power raises FI limit
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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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