https://www.taxtmi.com/notifications?id=115825 A non resident, including an NRI, may acquire listed Indian company shares on a recognised stock exchange through a registered broker under the FDI Scheme if the investor has already acquired and continues to hold control under the SEBI Substantial Acquisition and Takeover Regulations; consideration may be paid as specified in paragraph 8 of Schedule 1 to Notification No. FEMA.20/2000 RB or out of dividends from the controlled Indian investee, provided the dividend right is established and the dividend is credited to a specially designated non interest bearing rupee account for acquisition. en-us Wed, 10 Jul 2013 00:00:00 +0530 Tue, 10 Sep 2013 17:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=115825 A non resident, including an NRI, may acquire listed Indian company shares on a recognised stock exchange through a registered broker under the FDI Scheme if the investor has already acquired and continues to hold control under the SEBI Substantial Acquisition and Takeover Regulations; consideration may be paid as specified in paragraph 8 of Schedule 1 to Notification No. FEMA.20/2000 RB or out of dividends from the controlled Indian investee, provided the dividend right is established and the dividend is credited to a specially designated non interest bearing rupee account for acquisition. Notifications FEMA Wed, 10 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/notifications?id=115825