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Dabur India’s Board of Directors passed Resolutions by Circulation on November 22, 2013 to increase in the Investment limit for Foreign Institutional Investors (FIIs) upto 30% of the paid-up equity share capital of the Company pursuant to the provisions of Foreign Exchange Management Act, 1999, and the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000 and subject to the approval by the Shareholders of the Company.
Posted in: Indian Market Tips
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