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| Exchange Disseminated Time 20/08/2015 16:26:14 | | Den Networks Ltd has informed BSE that the Company has received approval of the Foreign Investment Promotion Board ("FIPB") for increase in foreign investment limit in the Company beyond 49% and up-to 74% by Foreign Institutional Investors (FIIs), Non Resident Indians (NRIs), Foreign Portfolio Investors (FPIs) and other eligible foreign investors through route of Secondary Market/Open Market purchase. The approval is subject to compliance of conditions specified in Consolidated FDI Policy circular dated May 12, 2015. |
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