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Vinaditya Trading Company gets nod to increase in FDI limit to 24%

19 Dec 2013 Evaluate

Vinaditya Trading Company’s board of directors at its meeting held on December 19, 2013, has approved the increase of Foreign Direct Investment (FDI) limit (via NRl route from 10% to 24%)

Vinaditya Trading Company Limited was incorporated on 30 April, 1981 in the state of Maharashtra. Main Object Clause of the company is” To carry on in India or elsewhere occupation or business or commerce of exporters, importers, merchants, agents, brokers, factors, commission agents, adatias, dealers in merchandise and produce of things, contractors, engineers and to undertake and carry on commercial, trading agency and other occupations. It has a 100% Subsidiary - ANR Investments Limited, this was incorporated in the state of Maharashtra on 11th Feb, 1981.

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