https://www.taxtmi.com/circulars?id=1944 Registered Foreign Institutional Investors are permitted to enter into forward contracts to hedge the market value of their entire equity investment as on a particular date, without reference to the earlier cut off or percentage limit; hedges that become partially or fully naked due to portfolio shrinkage may continue to original maturity if desired. Other Schedule II requirements remain unchanged and regulatory amendments will be notified separately under FEMA. en-us Sat, 16 Nov 2002 00:00:00 +0530 Fri, 03 Oct 2008 15:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1944 Registered Foreign Institutional Investors are permitted to enter into forward contracts to hedge the market value of their entire equity investment as on a particular date, without reference to the earlier cut off or percentage limit; hedges that become partially or fully naked due to portfolio shrinkage may continue to original maturity if desired. Other Schedule II requirements remain unchanged and regulatory amendments will be notified separately under FEMA. Circulars FEMA Sat, 16 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1944