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        SEBI

        FII/QFI investments in Security Receipts

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        FII investments in Security Receipts now count against corporate debt limits, subject to central bank conditions. FII and QFI investments in Security Receipts issued by Asset Reconstruction Companies shall be reckoned against the extant Corporate Debt Limits and are subject to terms and conditions specified by the central banking authority; custodians must notify their FII clients and the measure takes effect immediately.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                FII investments in Security Receipts now count against corporate debt limits, subject to central bank conditions.

                                FII and QFI investments in Security Receipts issued by Asset Reconstruction Companies shall be reckoned against the extant Corporate Debt Limits and are subject to terms and conditions specified by the central banking authority; custodians must notify their FII clients and the measure takes effect immediately.


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