Overseas portfolio investment limit restricts Indian entities to portion of net worth; listed firms may reinvest, unlisted limited routes. An Indian entity may make OPI provided it does not exceed fifty percent of its net worth as per its last audited balance sheet; listed companies may make OPI including reinvestment, while unlisted entities may invest only through the specific routes set out in sub paragraph (2)(iii)-(vi) of paragraph 1 of Schedule I.
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Provisions expressly mentioned in the judgment/order text.
Overseas portfolio investment limit restricts Indian entities to portion of net worth; listed firms may reinvest, unlisted limited routes.
An Indian entity may make OPI provided it does not exceed fifty percent of its net worth as per its last audited balance sheet; listed companies may make OPI including reinvestment, while unlisted entities may invest only through the specific routes set out in sub paragraph (2)(iii)-(vi) of paragraph 1 of Schedule I.
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