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Foreign investment in V-Mart Retail reaches trigger limit

26 Feb 2014 Evaluate

Reserve Bank of India had issued a notice to V-Mart Retail notifying that the foreign share holding through Foreign Institutional Investors (FIIs) in the company has crossed the overall limit of 24% of its paid-up capital. Hence, no further purchases of shares of this company would be allowed through stock exchanges in India on behalf of FIIs.

V-Mart Retail is one of the pioneers in setting up stores across various small Indian towns and cities including Sultanpur, Ujjain, Motihari. The company primarily operates in Tier-II and Tier-III cities, with a chain of ‘value retail’ departmental stores offering apparels, general merchandise and kirana, catering to the entire family. Based in New Delhi, the company operations are spread across northern, western and eastern parts of India.

V-Mart Retail Share Price

665.00 15.20 (2.34%)
07-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 4385.45
Trent 4293.10
Vishal Mega Mart 125.45
Aditya Birla Lifesty 118.30
PN Gadgil Jewellers 712.95
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