Comments
The Board of Directors of HSIL has approved the postal ballot notice for seeking consent of shareholders to increase foreign institutional investors’ limit to 40 per cent and also increase the limit of non-resident Indians’ shareholding in the company to 5 per cent of the paid-up equity share capital. “The voting shall be reckoned in proportion to the shares held by a member in the paid-up equity share capital of the company as on January 23, 2015,” the company informed the exchanges. Currently, FIIs hold 11.38 per cent stake in HSIL, which closed at ₹415.4 on the BSE, a gain of 0.83 per cent.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.