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FORM OVERSEAS DIRECT INVESTMENT (ODI)

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..... ship_______________________ (6) Unregistered Partnership__________________ (7) Trust______________________________ (8) Society_______________________________ (9) Others____________________________ (VI) Activity code of Indian Party*_____________________ *NIC code at 3-digit level [If the Indian Party is engaged in Financial sector or falls under the category of Proprietorship, Unregistered Partnership or Financial sector, please furnish the details In Item VII below]. (VII) Financial particulars of the Indian Party for the last 3 years (Amt. in ₹ 000s) Particulars Year 1 31-3- Year 2 31-3 Year 3 31-3 Foreign exchange earnings (excluding equity exports to JV/WOS) Net profit Paid-up Capital Net worth of (a) Indian Party .....

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..... e of JV/WOS ___________________________ (IV) Whether JV/WOS is SPV (Y/N)? ____________________# # If Y, Please furnish the details in Section D Proposed Capital Structure [a] indian Party (ies) % stake [b] Foreign partners(s) % stake (1) (1) (2) (2) (3) (3) Section C: Details of Investment in Existing Project Indicate 13 digit Unique Identification Number issued by Reserve Bank (I) Purpose of Supplementary Investment (Please t .....

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..... uarantee from Indian party_______________________ iii) Funds raised overseas without guarantee/ counter guarantee from Indian Party_________________________ iv) Funds contributed in the form of equity/ preference equity/shareholder's loans by foreign investors ______________________________________ v) Securitisation_________________________________________ vi) Any other mode (please specify)____________________________ Total ________________________________________________ VI. Guarantees/Other Non fund based Commitments____________________ Note :- Financial Commitment as defined in FEMA 120/RB-2004 dated July 7, 2004 Sec 2(f)-Financial Commitment means amount of Direct Investment by way of contribution to equity, loan and 100 per cent of the amount of guarantee issued by Indian Party to or on behalf of its overseas Joint Venture company or Wholly Owned Subsidiary. Section E : Declaration by the Indian Party I (a) Whether the applicant party(ies), its promoters, directors, etc., are under investigations by any investigative/enforcement agency or regulatory body. If yes, the brief details thereof, including present stage of inve .....

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..... ing business, and (ii) the amount of foreign exchange proposed to be purchased for remittance towards the investment together with remittances for all overseas investments already made and exports and other dues capitalized / swap of shares / investment from ECB / FCCB balances for investment abroad under the Automatic Route is within the limit stipulated by the Reserve Bank from time to time. This has been verified with reference to the net worth of the Indian party as on the date of Last audited balance sheet, i.e. (date) (iii) has complied with the valuation norms prescribed for the investment (iv) has complied with the ECB guidelines # (v) that the Indian party (a) has made net profits during the preceding three years, (b) has fulfilled the prudential norms of capital adequacy as prescribed by the regulatory authority concerned; (c) has been registered with the appropriate regulatory authority in India and (d) has obtained approval for the investment in financial services sector activities from the regulatory authorities concerned in India and abroad * Note: - *Applicable only in cases where the investment is in the financial services sector (e.g. insurance, mu .....

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..... (g) Capitalization of Exports/Other dues@ Date of capitalization: Amount: (h) Guarantee issued: Date (Fresh / Exiting Guarantee Period Extended) Amount Validity Period Note:- ** Please indicate name of the foreign currency (FCY) as per SWIFT code. @ Please specify the other dues being capitalized viz., royalty, technical know-how fee, consultancy fees, etc We hereby confirm that the remittance (strike out whichever is not applicable) i) has been allowed under the Automatic Route based on the certification given by the Statutory Auditors confirming compliance with the prescribed terms and conditions by the Indian party; ii) is in accordance with the terms and conditions of the approval letter issued by the Reserve Bank; and iii) in respect of the invoked guarantee remittance has been made after satisfying that the claim is in conformity with the terms and conditions of the guarantee Issued to/on behalf of the JV/WOS abroad. Place:________________ Date:________________ .....

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..... *(Represent part of the profits of the JV/WOS which is retained and reinvested in the JV/WOS). ** (Royalties, technical know-how fees, consultancy fees, etc.) VI Investment in step down subsidiaries since last reporting Country Name of JVM/OS Amount of Investment Place: _________ Date: __________ (Signature of authorised official) Stamp/Seal Name:___________________________________________________________ Designation:_______________________________________________________ (Signature of the Statutory Auditor of the Company) Name of the firm, Stamp and Registration number Signature of the Authorised Official of the bank: Name:___________________________ Designation:_______________________ PART IV Report on Closure / Disinvestment / Voluntary Liquidation Minding Up of JV/WOS To be submitted by the designated AD Category -I bank (All Amounts in FCY, in thousands) Name and Address of the AD Category - I bank: __________________ AD Code: _________________________ Unique Identification .....

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..... ion by CBI/ED/SEBI/IRDA or any other regulatory authority in India. Place:_________________________ Date:__________________________ (Signature of authorised official of the bank) Name:_____________________________________ Designation:_________________________________ Tel No.____________________________________ FAX No.___________________________________ Stamp/Seal:_________________________________ Instructions for filling up the Form ODI (This part should be detached and retained by the applicant) This set of forms attempts to capture basic information relating to overseas investments by Indian parties (as defined under Notification FEMA 120/RB-2004 dated July 7, 2004, as amended from time to time). Part I contains details of the JV/WOS, Indian Parties and the financing pattern of the overseas entity. Part II reports remittances certified by AD. Part III is the Annual Performance Report, which contains brief particulars of the performance of the overseas entity and Part IV is to be used at the time of disinvestment/liquidation/winding up. Section D of Part I is critical, since information regarding ownership s .....

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..... d be in actuals only. (8) When JV / WOS is closed / wound up / disinvested / liquidated, etc., report should be submitted to Reserve Bank at the address above in Part IV of the form within 30 days of the disinvestment. (9) Reserve Bank reserves the right to put the information furnished here in the public domain. For approval by the Reserve Bank, the following documents need to be submitted along with Part I. (a) A report from the bankers of the Indian party in a sealed / closed cover. (b) The latest Annual Accounts, i.e. Balance Sheet and Profit and Loss Account of the Indian party along with the Directors Report. (c) Additional documents as under, if the application is made for partial / full takeover of an existing foreign concern:- (i) A copy of the certificate of incorporation of the foreign concern; (ii) Latest Annual Accounts, i.e. the Balance Sheet and Profit and Loss Account of the foreign concern along with Directors Report; and (iii) A copy of the share valuation certificate from: ►a Category I Merchant Banker registered with SEBI, or, an Investment Banker / Merchant Banker registered with the appropriate regulatory authority in .....

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