Foreign investment limit in Ujjivan Fin comes down to 47%

Foreign investment limit in Ujjivan Fin comes down to 47%

It#39;s board had agreed to lower the limit for the purchase of its shares and convertible debentures by FIIs, registered foreign portfolio investors (RFPIs), qualified foreign investors (QFIs) and others through primary market and stock exchanges up to 47 per cent of the paid-up capital under the portfolio investment scheme.

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