Department of Economic Affairs, Ministry of Finance disposed of two FDI proposals involving foreign investment worth 532 crore in December, 2017

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..... Department of Economic Affairs, Ministry of Finance disposed of two FDI proposals involving foreign investment worth 532 crore in December, 2017
News and Press Release
Dated:- 4-1-2018

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..... uring the month of December 2017, the Department of Economic Affairs (DEA), Ministry of Finance has disposed of two FDI proposals involving foreign investment of ₹ 532 crore. Details are as fol .....

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..... lows: The following two (02) proposals have been approved: S. No Name of the applicant Gist of the proposal FDI (Rs. in crore) 1 M/s Metaffinity Pvt Ltd (4520) Approval sought for foreign inve .....

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..... stment of upto 49% in the form of non-voting equity shares by two foreign investors, viz. M/s Canada Pension Plan Investment Board and M/s Pantheon-HK Project Universe, LP, in Metaffinity Private Limi .....

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..... ted, an investment holding company, which will make downstream investment in Religare Health Insurance Company Limited, an Indian company engaged in health insurance business. 532.00 (approx.) 2 M .....

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..... /s SMAS Auto Leasing India Pvt Ltd To undertake financial lease business in addition to the existing operating lease business. Nil
News - Press release - PIB .....

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