Guidelines for Foreign investment in Commodity Exchanges

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..... oreign investment in Commodity Exchanges vide Press Note 2(2008) dated 12th March 2008 . As per the guidelines, a composite ceiling for foreign investment of 49% was allowed with prior Government approval, subject to the condition that investment under the Portfolio Investment Scheme will be limited to 23% and that under the FDI Scheme will be limited to 26%. Further, no foreign investor/entity i .....

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..... me. The Government, on consideration and in order to facilitate the existing Commodity Exchanges to comply with the guidelines notified vide Press Note 2(2008) , has now been decided to allow a further transition / complying/correction time to the existing Commodity exchange(s) beyond 30.6.2009. Accordingly, all such Commodity Exchanges are hereby advised to adhere to the conditions of Press Not .....

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