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Acquisition through a rights issue or a bonus issue

Regulation 6 - Regulation - Regulations - FEMA - Regulation 6 - 6. A person resident outside India and having investment in an Indian company may make investment in capital instruments (other than share warrants) issued by such company as a rights is .....

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ing on the basis of which the rights issue or the bonus issue has been made must have been acquired and held as per the provisions of these Regulations; (4) In case of a listed Indian company, the rights issue to persons resident outside India shall .....

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rights issue or bonus issue shall be subject to the conditions as are applicable at the time of such issue. (7) The amount of consideration shall be paid as inward remittance from abroad through banking channels or out of funds held in NRE/ FCNR(B) a .....

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