Outbound investment by listed Indian companies permitted in overseas listed equity and rated bonds, subject to net worth cap and authorised dealer routing. A person resident in India who is a listed Indian company may invest in shares of overseas companies listed on a recognised stock exchange and in rated bonds or fixed income securities issued by those companies. Investments by a listed Indian company are subject to a ceiling measured against its net worth, and every purchase or sale of such overseas shares or bonds must be routed through the designated branch of an authorised dealer in India.
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.
Outbound investment by listed Indian companies permitted in overseas listed equity and rated bonds, subject to net worth cap and authorised dealer routing.
A person resident in India who is a listed Indian company may invest in shares of overseas companies listed on a recognised stock exchange and in rated bonds or fixed income securities issued by those companies. Investments by a listed Indian company are subject to a ceiling measured against its net worth, and every purchase or sale of such overseas shares or bonds must be routed through the designated branch of an authorised dealer in India.
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