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<h1>Foreign Portfolio Investors Can Transfer Indian Company Equity with Regulatory Compliance and Sector-Specific Approval Conditions</h1> Foreign Portfolio Investors (FPIs) may transfer equity instruments of an Indian company subject to specific conditions. Transfers require compliance with regulatory schedules and Securities and Exchange Board of India guidelines. Government approval is mandatory for transfers in sectors requiring special clearance. If FPI acquisition breaches aggregate or sectoral investment limits, specific provisions under Schedule II will apply to address the violation.