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of <h1>FDI Scheme Update: FC-GPR Form Revised for Detailed Reporting on Brownfield, Greenfield Investments; 30-Day Reporting to RBI Required.</h1> The circular addresses amendments to the reporting requirements under the Foreign Direct Investment (FDI) Scheme, specifically concerning the FC-GPR form. Indian companies must report the receipt of consideration for shares and convertible debentures to the Reserve Bank of India within 30 days. The form has been revised to include detailed information on Brownfield and Greenfield investments and the incorporation date of the investee company. Authorized Dealer Category-I banks are instructed to inform their clients of these changes. These directions are issued under the Foreign Exchange Management Act, 1999, and do not affect any other necessary legal permissions or approvals.
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