https://www.taxtmi.com/circulars?id=52475 ECB proceeds may be used for acquisition of PSU shares in all subsequent stages of the Government disinvestment programme; ECB facility is available for multiple rounds of disinvestment. Authorised Dealer Category I banks should inform their constituents; the directions are issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 and do not affect other statutory permissions. en-us Mon, 30 Sep 2013 00:00:00 +0530 Mon, 30 Sep 2013 19:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=52475 ECB proceeds may be used for acquisition of PSU shares in all subsequent stages of the Government disinvestment programme; ECB facility is available for multiple rounds of disinvestment. Authorised Dealer Category I banks should inform their constituents; the directions are issued under Sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 and do not affect other statutory permissions. Circulars FEMA Mon, 30 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/circulars?id=52475