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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 - Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2017 - Schedule 03 [See Regulation 5(3)] - Schedule 3 [See Regulation 5(3)] 1. Pu .....

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llowing conditions: (1) NRIs or OCIs may purchase and sell Capital Instruments through a branch designated by 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 equ .....

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t exceed ten percent of the total paid-up equity capital on a fully diluted basis or shall not exceed ten percent of the paid-up value of each series of debentures or preference shares or share warrants; Provided that the aggregate ceiling of 10 perc .....

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