https://www.taxtmi.com/circulars?id=5872 Buyback of Foreign Currency Convertible Bonds (FCCBs) out of internal accruals is permitted up to an increased redemption-value ceiling per company with prior Reserve Bank approval, subject to tiered minimum discounts on book value linked to successive redemption-value bands; all other terms of the earlier A.P. (DIR Series) Circulars continue to apply and the procedure must be completed within the timeline specified in the related circular. en-us Tue, 28 Apr 2009 00:00:00 +0530 Fri, 30 Oct 2009 16:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5872 Buyback of Foreign Currency Convertible Bonds (FCCBs) out of internal accruals is permitted up to an increased redemption-value ceiling per company with prior Reserve Bank approval, subject to tiered minimum discounts on book value linked to successive redemption-value bands; all other terms of the earlier A.P. (DIR Series) Circulars continue to apply and the procedure must be completed within the timeline specified in the related circular. Circulars FEMA Tue, 28 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5872