https://www.taxtmi.com/circulars?id=53898 The FDI policy now treats capital as including equity shares (which may be partly paid), fully, compulsorily and mandatorily convertible preference shares and debentures, and warrants; preference shares and convertible debentures must be fully paid and mandatorily convertible, and 'warrant' includes share warrants. An Indian company may issue warrants and partly paid shares to non residents subject to terms and conditions prescribed by the Reserve Bank of India. en-us Tue, 15 Sep 2015 00:00:00 +0530 Fri, 18 Sep 2015 18:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53898 The FDI policy now treats capital as including equity shares (which may be partly paid), fully, compulsorily and mandatorily convertible preference shares and debentures, and warrants; preference shares and convertible debentures must be fully paid and mandatorily convertible, and 'warrant' includes share warrants. An Indian company may issue warrants and partly paid shares to non residents subject to terms and conditions prescribed by the Reserve Bank of India. Circulars FEMA Tue, 15 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53898