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RBI permits foreign investors to raise stake in Petronet LNG to 49%

17 Nov 2017 Evaluate

Reserve Bank of India (RBI) has allowed foreign investors to raise their stake in Petronet LNG from 30% to 49% of its paid-up capital under the portfolio investment scheme (PIS).

RBI monitors ceilings on FII/NRI/PIO investments in Indian companies on a daily basis. It has fixed the cut-off points two percentage points lower than the actual ceiling.

Petronet LNG is engaged in sale of re-gasified liquefied natural gas (RLNG). The company is engaged in the import and re-gasification of liquefied natural gas (LNG). The company operates through the segment of natural gas business.


Petronet LNG Share Price

273.05 1.50 (0.55%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Petronet LNG 273.05
Bharat Coking Coal 35.75
Linde India 7234.30
Refex Industries 244.75
IRM Energy 220.60
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