Edelweiss Financial Services has increased the limits of Foreign Institutional Investors (FIIs) holding in the equity share capital of the company from 24% to 28%. The board of directors has approved for the same subject to the approval of the members.
The increase has been in accordance with the provisions of Foreign Exchange Management Act, 1999 and Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000.
Edelweiss Financial Services is India’s leading diversified financial services company. It is engaged in the business of investment banking, brokerage services, asset management and financing.
The increase has been in accordance with the provisions of Foreign Exchange Management Act, 1999 and Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000.
Edelweiss Financial Services is India’s leading diversified financial services company. It is engaged in the business of investment banking, brokerage services, asset management and financing.
No comments:
Post a Comment