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Ess Dee Aluminium receives approval from RBI to increase FIIs limit

10 Dec 2013 Evaluate

Ess Dee Aluminium has received approval from Reserve Bank of India (RBI) to enhance the limit for purchase of its equity shares and convertible debentures by FIIs through primary market & stock exchanges up to 100% and by NRIs/PIOs up to 24% of its paid up capital, under the Portfolio Investment Scheme (PIS).

Ess Dee Aluminium (EDAL) is engaged in manufacturing of aluminium foil and poly vinyl chloride (PVC) based products. Currently the company owns 8 state of the art manufacturing plant spread across India. Ess Dee is a leading supplier of primary packaging materials.

Peers
Company Name CMP
Uflex 649.45
EPL 232.60
AGI Greenpac 790.40
Huhtamaki India 233.20
TCPL Packaging 3948.65
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