https://www.taxtmi.com/notifications?id=14782 A regulatory framework authorises promoter-group issuing companies to issue Foreign Currency Exchangeable Bonds to non-residents with prior Reserve Bank approval, subject to eligibility of the issuing and offered companies, subscriber compliance with foreign direct investment policy, restrictions on entities barred from securities markets, limitations on end-use of proceeds (no investment in Indian capital markets or real estate by promoter group recipients), adherence to all-in-cost ceilings, prescribed pricing and minimum maturity, mandatory delivery of shares on exchange, and ECB-style reporting and audit trail requirements. en-us Tue, 03 Feb 2009 00:00:00 +0530 Sun, 26 Jul 2009 14:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=14782 A regulatory framework authorises promoter-group issuing companies to issue Foreign Currency Exchangeable Bonds to non-residents with prior Reserve Bank approval, subject to eligibility of the issuing and offered companies, subscriber compliance with foreign direct investment policy, restrictions on entities barred from securities markets, limitations on end-use of proceeds (no investment in Indian capital markets or real estate by promoter group recipients), adherence to all-in-cost ceilings, prescribed pricing and minimum maturity, mandatory delivery of shares on exchange, and ECB-style reporting and audit trail requirements. Notifications FEMA Tue, 03 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/notifications?id=14782