Foreign investment caps in securities market infrastructure impose segmented limits with prior approval and secondary-market conditions. Foreign investment in infrastructure companies in the securities markets is permitted with a combined foreign investment cap of 49 per cent, separately allocated as 26 per cent for FDI and 23 per cent for FII. FDI requires specific prior government approval; FII is permitted only through secondary-market purchases. Investments must comply with securities regulator requirements, authorised dealer banks must inform constituents, and implementing amendments to foreign exchange regulations will follow.
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Provisions expressly mentioned in the judgment/order text.
Foreign investment caps in securities market infrastructure impose segmented limits with prior approval and secondary-market conditions.
Foreign investment in infrastructure companies in the securities markets is permitted with a combined foreign investment cap of 49 per cent, separately allocated as 26 per cent for FDI and 23 per cent for FII. FDI requires specific prior government approval; FII is permitted only through secondary-market purchases. Investments must comply with securities regulator requirements, authorised dealer banks must inform constituents, and implementing amendments to foreign exchange regulations will follow.
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