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<h1>RBI Updates Regulation 9: New Valuation Rules for Foreign Investment in Indian Securities, Aligning with Global Standards</h1> The Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) (Seventh Amendment) Regulations, 2014, issued by the Reserve Bank of India, amends the 2000 regulations. Key changes include updates to Regulation 9 regarding the pricing of securities, requiring valuation based on internationally accepted methodologies certified by a Chartered Accountant or SEBI registered Merchant Banker. Amendments to Schedules 1 and 2 specify the valuation process for unlisted company shares and private placements, ensuring prices align with SEBI guidelines or fair market value. These regulations take effect upon publication in the Official Gazette.