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    <title>Foreign investment in India – participation by registered FPIs, SEBI registered long term investors and NRIs in non-convertible/redeemable preference shares or debentures of Indian companies</title>
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    <description>SEBI registered FIIs, QFIs deemed as FPIs, registered FPIs, and SEBI registered long term investors may invest on a repatriation basis in non convertible/redeemable preference shares and non convertible debentures of Indian companies-issued under a court approved Scheme of Arrangement and listed on recognized exchanges-provided such investments are within the overall corporate debt limit. NRIs may invest in these instruments on repatriation or non repatriation basis. Authorized Dealer Category I banks must notify constituents; directions are issued under the Foreign Exchange Management Act.</description>
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      <description>SEBI registered FIIs, QFIs deemed as FPIs, registered FPIs, and SEBI registered long term investors may invest on a repatriation basis in non convertible/redeemable preference shares and non convertible debentures of Indian companies-issued under a court approved Scheme of Arrangement and listed on recognized exchanges-provided such investments are within the overall corporate debt limit. NRIs may invest in these instruments on repatriation or non repatriation basis. Authorized Dealer Category I banks must notify constituents; directions are issued under the Foreign Exchange Management Act.</description>
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