Maruti Suzuki India Ltd.

BSE: 532500 | NSE: MARUTI
Large Cap | Automobiles - Passenger Cars
14200.70
-400.85 (-2.75%)
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RBI allows foreign investors to invest up to 40% in Maruti Suzuki India

Date: 15-09-2015

The Reserve Bank of India (RBI) has allowed foreign investors to invest up to 40% of the paid up capital in Maruti Suzuki India under the Portfolio Investment Scheme. The foreign shareholding by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolio Investors (RFPIs) in the company has gone below the revised threshold limit.

The purchases could be made through primary market and stock exchanges. FIIs held 21.75% in the company as of quarter ended June 2015.