Eligibility Conditions and subscription of Foreign Currency Exchangeable Bonds

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..... hold the equity share's being offered at the time of issuance of Foreign Currency Exchangeable Bond. (2) The Offered Company shall be a listed company which is engaged in a sector eligible to receive Foreign Direct Investment and eligible to issue or avail of Foreign Currency Convertible Bond or External Commercial Borrowings. (3) An Indian Company, which is not eligible to raise funds from the .....

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