https://www.taxtmi.com/acts?id=18610 RFPIs registered under SEBI may purchase shares, convertible debentures or warrants of Indian companies under the FPI Scheme; purchases must be funded by inward remittance or credited sale proceeds into designated non interest bearing foreign currency or special non resident rupee accounts, usable only for permitted purchases or remittances. Individual and aggregate RFPI holding limits apply but may be increased to sectoral/statutory ceilings through board and special shareholder resolution. Acquisitions in primary and secondary markets count toward the ceiling; pricing and certification rules govern public offers and private placements. Short selling, securities lending and remittance of net sale proceeds are permitted subject to RBI/SEBI conditions. en-us Sat, 07 Jun 2014 15:10:39 +0530 Thu, 26 Jun 2025 18:04:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18610 RFPIs registered under SEBI may purchase shares, convertible debentures or warrants of Indian companies under the FPI Scheme; purchases must be funded by inward remittance or credited sale proceeds into designated non interest bearing foreign currency or special non resident rupee accounts, usable only for permitted purchases or remittances. Individual and aggregate RFPI holding limits apply but may be increased to sectoral/statutory ceilings through board and special shareholder resolution. Acquisitions in primary and secondary markets count toward the ceiling; pricing and certification rules govern public offers and private placements. Short selling, securities lending and remittance of net sale proceeds are permitted subject to RBI/SEBI conditions. Act-Rules FEMA Sat, 07 Jun 2014 15:10:39 +0530 https://www.taxtmi.com/acts?id=18610