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of <h1>Indian entities with 50%+ foreign stakes need Reserve Bank approval for key decisions under specific conditions</h1> Indian entities holding 50% or more paid-up capital in foreign entities must obtain Reserve Bank approval before consenting to specific decisions when certain conditions exist, including if the foreign entity operated less than two years, dividends remain unrepatriated, export proceeds unrealized, additional capital needed, or equity shareholding reduced. Restricted decisions include undertaking new activities, investing in other foreign entities, or altering capital structure. Restrictions don't apply when investment uses Exchange Earners Foreign Currency account balances or ADR/GDR proceeds.
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