https://www.taxtmi.com/acts?id=2424 Schedule II establishes an automatic-route regime for FCCB issuance requiring conformity with Foreign Direct Investment policy and Reserve Bank rules; permitting public issues through reputable lead managers or private placements only with specified recognised institutional or qualifying foreign equity investors; prohibiting warrants and unrecognised-source placements; imposing a minimum maturity before early exercise; restricting use of proceeds (excluding stock market investment) and allowing limited retention abroad for import or capital expenditure with Reserve Bank approval; prescribing all-in-cost components and caps on issue expenses; and mandating post-issue reporting to the Reserve Bank with investor and repatriation details. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 25 Jun 2025 13:16:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2424 Schedule II establishes an automatic-route regime for FCCB issuance requiring conformity with Foreign Direct Investment policy and Reserve Bank rules; permitting public issues through reputable lead managers or private placements only with specified recognised institutional or qualifying foreign equity investors; prohibiting warrants and unrecognised-source placements; imposing a minimum maturity before early exercise; restricting use of proceeds (excluding stock market investment) and allowing limited retention abroad for import or capital expenditure with Reserve Bank approval; prescribing all-in-cost components and caps on issue expenses; and mandating post-issue reporting to the Reserve Bank with investor and repatriation details. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2424