Convertible notes issuance by non-residents permitted with conditions on sectoral approval, remittance, escrow closure, transfers, reporting. The amendment defines a convertible note and adds Regulation 6D allowing non residents (with specified nationality exclusions) to purchase convertible notes of Indian startups subject to minimum tranche requirements, government approval where the sector is restricted, receipt of consideration by inward remittance or specified accounts with escrow closure within six months, NRI non repatriation conditions, permitted transfers under RBI pricing guidelines and reporting obligations to the Reserve Bank.