Ownership limits in depositories restrict resident and non resident equity, allow specified entities higher holdings subject to cap.

No person resident in India may hold more than five percent of a depository's paid up equity, except that specified domestic institutional entities may hold up to fifteen percent. No person resident outside India may hold more than five percent, except that specified foreign institutional entities may hold up to fifteen percent. The aggregate non resident holding in a depository shall not exceed forty nine percent, subject to limits prescribed by the Central Government.

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