FOREIGN EXCHANGE MANAGEMENT (TRANSFER OR ISSUE OF SECURITY BY A PERSON RESIDENT OUTSIDE INDIA) REGULATIONS, 2000 (From Regulation 1 to Regulation SCHEDULE 11)
Qualified Foreign Investor investment in listed equity allowed under SEBI pricing rules with single rupee account and reporting obligations. The scheme allows Qualified Foreign Investors to invest in listed Indian equity and public offers via SEBI-registered QDPs and brokers, with sales through exchanges, open offers, delisting offers or buybacks; all pricing follows SEBI guidelines. Each QFI must maintain a single non-interest bearing Rupee account with an AD Category-I bank and a single dedicated demat account with a QDP. Prescribed individual and aggregate investment limits apply and must be monitored jointly by QFIs, depository participants and recipient companies. SEBI eligibility, KYC requirements, permitted currency remittance, and reporting to the Reserve Bank and SEBI are mandated.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Qualified Foreign Investor investment in listed equity allowed under SEBI pricing rules with single rupee account and reporting obligations.
The scheme allows Qualified Foreign Investors to invest in listed Indian equity and public offers via SEBI-registered QDPs and brokers, with sales through exchanges, open offers, delisting offers or buybacks; all pricing follows SEBI guidelines. Each QFI must maintain a single non-interest bearing Rupee account with an AD Category-I bank and a single dedicated demat account with a QDP. Prescribed individual and aggregate investment limits apply and must be monitored jointly by QFIs, depository participants and recipient companies. SEBI eligibility, KYC requirements, permitted currency remittance, and reporting to the Reserve Bank and SEBI are mandated.
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