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Can the maximum limit for investment is raised?

April 26, 2017Investment limit maximum RAISED

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Can the maximum limit for investment is raised?

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ANS: Yes. The upper limit of 24% for FII investment can be raised up to sectoral cap/statutory ceiling, subject to the approval of the board and the general body of the company passing a special resolution to that effect. And the maximum limit of 10 % can be raised to 24% subject to the approval of the general body of the company passing a resolution, to that effect.