Reserve Bank of India (RBI) has increased foreign institutional investors' (FIIs) investment limit in Rasoya Proteins to 100% of its paid-up capital. RBI has notified that FIIs, through primary market and stock exchanges, can now purchase up to 100% of the paid up capital of Rasoya Proteins under the Portfolio Investment Scheme (PIS). The company has passed resolutions at the board of directors' level and a special resolution by the shareholders, agreeing to enhance the limit for the purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs).
Rasoya Proteins is engaged in the Business of Solvent Extraction. The company is selling its Soya Refined Oil under the brand name ‘Rasoya’ and the oil is available in various pack size from 1/2 liter poly pack and pet bottle to 15 liter/15 kilograms tins.
Rasoya Proteins is engaged in the Business of Solvent Extraction. The company is selling its Soya Refined Oil under the brand name ‘Rasoya’ and the oil is available in various pack size from 1/2 liter poly pack and pet bottle to 15 liter/15 kilograms tins.
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