Bharat Petroleum Corporation has informed that Reserve Bank of India (RBI) has issued press release on June 08, 2016 notifying that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolio Investors (RFPIs) can now invest up to 49% of the paid up capital of the Company under the Portfolio Investment Scheme (PIS) etc.
The above information is a part of company’s filings submitted to BSE.