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Purchase/ Sale of Capital Instruments of a listed Indian company on a recognised stock exchange in India by Non-Resident Indian (NRI) or Overseas Citizen of India (OCI) on repatriation basis

Schedule 03 [See Regulation 5(3)] - Regulation - Schedules - FEMA - Schedule 03 [See Regulation 5(3)] - Schedule 3 [See Regulation 5(3)] 1. Purchase/sale of capital instruments A Non-resident Indian (NRI) or an Overseas Citizen of India (OCI) may pur .....

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y an Authorised Dealer for the purpose; (2) The total holding by any individual NRI or OCI shall not exceed 5 percent of the total paid-up equity capital on a fully diluted basis or should not exceed 5 percent of the paid-up value of each series of d .....

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rcent of the paid-up value of each series of debentures or preference shares or share warrants; Provided that the aggregate ceiling of 10 percent may be raised to 24 percent if a special resolution to that effect is passed by the General Body of the .....

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