Foreign Direct Investment – Reporting of issue / transfer of Shares to/by a FVCI

Foreign Direct Investment reporting: FVCI investments under the FDI scheme use FC GPR/FC TRS; Schedule VI uses custodian reports.

Investments by SEBI registered FVCIs under the FDI Scheme must be reported only in form FC GPR or FC TRS as applicable, while investments under Schedule VI are not to be reported in FC GPR/FC TRS but are to be reported by the custodian bank in the monthly custodian reporting format; receipt of consideration and transfers carry 30 day and 60 day reporting timelines respectively through Authorised Dealer Category I banks.