https://www.taxtmi.com/news?id=14717 Introduction of composite caps unifies all types of foreign investment within sectoral ceilings, treating FII/FPI/QFI and other foreign holdings collectively so total foreign investment cannot exceed the sectoral/statutory cap; debt-like instruments remain excluded except where conversion yields equity, which is counted. Portfolio investment limits may be increased to sectoral caps by board and shareholder resolutions with prior intimation to the central bank. Investee companies bear compliance responsibility, existing investments need no modification, and minimum capitalization includes share premium on fresh non-resident issues but not post-issue transferee payments above issue price. en-us Thu, 16 Jul 2015 16:16:15 +0530 Wed, 11 Feb 2026 15:56:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14717 Introduction of composite caps unifies all types of foreign investment within sectoral ceilings, treating FII/FPI/QFI and other foreign holdings collectively so total foreign investment cannot exceed the sectoral/statutory cap; debt-like instruments remain excluded except where conversion yields equity, which is counted. Portfolio investment limits may be increased to sectoral caps by board and shareholder resolutions with prior intimation to the central bank. Investee companies bear compliance responsibility, existing investments need no modification, and minimum capitalization includes share premium on fresh non-resident issues but not post-issue transferee payments above issue price. News - Thu, 16 Jul 2015 16:16:15 +0530 https://www.taxtmi.com/news?id=14717