a. Approval for increase in Foreign investment limit in TV Today Network under PIS-FIIs/RFPIs to 26%.
b. Approval for increase in Foreign investment limit in TV Today Network under PIS-NRIs to 24% provided aggregate foreign investment (Composite) will not exceed the maximum permissible limit of 26%.
These above limits are subject to the Regulation 5(3) of FEMA Notification dated 03 May 2000 (as amended from time to time) issued under FEMA, 1999.