Ujjivan money Services has lordotic five-hitter to Rs 372 on the bovine spongiform encephalitis in early morning trade when the Federal Reserve Bank of Republic of India (RBI) notified that the combination foreign shareholdings within the company has crossed the permissible limit, which implies overseas investors won't be ready to obtain additional equity within the company.“The combination foreign shareholdings through Foreign Institutional Investors (FII)/Registered Foreign Portfolios Investors (RFPIs)/Foreign Direct Investment (FDI)/Non-Resident Indians (NRI)/American facility Receipts (ADR)/Global facility Receipts (GDR)/Persons of Indian Origin (PIO) in M/s Ujjivan money Services Ltd. has crossed the permissible limit,” run aforesaid in notification dated June fifteen, 2016.
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