Proposal of M/s Lupin for increase in aggregate limit of investment by FIIs

The Cabinet Committee on Economic Affair today gave its approval to the proposal of M/s Lupin for increase in aggregate limit of investment by FIIs and their sub-accounts registered with SEBI, from 33 percent to 49 percent.

The approval would result in foreign investment of Rs.6099 crore (approximately) in the country.

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