Securities and Exchange Board of India (Foreign Institutional Investors) (Second Amendment) Regulations, 2000 - S.O. No.946(E) - SEBI/LE/15885/2000 - SEBI
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Foreign investor sub-account investment cap limits each sub-account's stake in any company to a specified maximum under amended regulations. The amendment substitutes the proviso to Regulation 15(6) to provide that where investors are foreign corporates or individuals, each sub-account shall not invest more than a prescribed proportion of the total issued capital of the company in which such investment is made, creating a per sub account ownership ceiling under the FII regulations.
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.
Foreign investor sub-account investment cap limits each sub-account's stake in any company to a specified maximum under amended regulations.
The amendment substitutes the proviso to Regulation 15(6) to provide that where investors are foreign corporates or individuals, each sub-account shall not invest more than a prescribed proportion of the total issued capital of the company in which such investment is made, creating a per sub account ownership ceiling under the FII regulations.
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