Live Webinar on "How to Invest successfully to reach goals without losing sleep" Sign up for Live Webinar
Did you know?
What made us buy IEX@193, Tata Power@56, Titan@330, Divis@629, Persistent@700.

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

17 Nov 2017

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.


Related Petronet LNG Ltd. Links:

Petronet LNG Share Price

222.65 -1.60 (-0.71%) Dec 03, 18:01
1 Year Price Chart
Peers
Company Name CMP
GAIL India 132.25
Petronet LNG 222.65
Indraprastha Gas 505.60
Linde India 2478.60
Confidence Petroleum 74.65
View more..
Sensex vs Petronet LNG
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback