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<h1>Companies can borrow up to USD 500 million annually through automatic route under FEMA regulations</h1> Under FEMA regulations, companies registered under the Companies Act 1956 (excluding financial intermediaries) can borrow foreign exchange up to USD 500 million annually through the automatic route. Non-government organizations and micro-finance institutions are limited to USD 10 million. Borrowings must be from eligible international lenders for specified purposes including investment in real sector, infrastructure, and overseas ventures. Minimum maturity requirements vary by amount, with loans up to USD 20 million requiring 3 years and larger amounts requiring 5 years. Entities under investigation must disclose pending proceedings to authorized dealers when availing foreign currency borrowing.