Cabinet approves Foreign Investment proposal of M/s. Twin Star Technologies Ltd. for undertaking downstream investment in Indian operating companies

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..... Cabinet approves Foreign Investment proposal of M/s. Twin Star Technologies Ltd. for undertaking downstream investment in Indian operating companies
News and Press Release
Dated:- 4-5-2017
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..... BR>The Cabinet Committee on Economic Affairs chaired by the Prime Minister Shri Narendra Modi has given its approval for Foreign Investment proposal of M/s. Twin Star Technologies Ltd. for foreign inv .....

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..... estment upto ₹ 9000 crore (by on or before March 2025) from Twin Star Overseas Ltd., Mauritius. The investment will be through a combination of equity, compulsorily convertible debentures, compu .....

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..... lsorily convertible preference shares and other FDl compliant instruments for undertaking downstream investment in Twin Star Display Technologies Ltd. and other Indian operating companies engaged in a .....

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..... ctivities eligible for receiving FDl on the automatic route. Foreign Direct Investment of upto ₹ 9,000 crore will be received in the country (on or before March 2025) and will provide direct an .....

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..... d indirect employment to over 30,000 people.
News - Press release - PIB .....

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