Hindustan Petroleum Corporation has informed that Reserve Bank of India (RBI) has issued press release on August 05, 2016 notifying that Foreign Institutional Investors (FIIs) / Registered Foreign Portfolios Investors (RFPIs) can now invest from existing 24 percent to 40 percent of the paid up capital of the Company under the Portfolio Investment Scheme (PIS).
The above information is a part of company’s filings submitted to BSE.