https://www.taxtmi.com/acts?id=30899 Non-resident investment via rights or bonus issues is allowed if the issuer complies with the Companies Act, the issue does not breach the sectoral cap, and the underlying shareholding was acquired under these Regulations. Pricing: listed companies may determine price to non-residents; unlisted companies must not price below the resident offer. Consideration must be paid by inward remittance or from NRE/FCNR(B) accounts; original non-repatriable investments may use NRO debits. Individuals who changed residence must hold shares on a non-repatriation basis when exercising previously issued rights. These conditions apply to renounced rights as well. en-us Mon, 13 Nov 2017 18:25:26 +0530 Thu, 19 Jun 2025 17:08:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30899 Non-resident investment via rights or bonus issues is allowed if the issuer complies with the Companies Act, the issue does not breach the sectoral cap, and the underlying shareholding was acquired under these Regulations. Pricing: listed companies may determine price to non-residents; unlisted companies must not price below the resident offer. Consideration must be paid by inward remittance or from NRE/FCNR(B) accounts; original non-repatriable investments may use NRO debits. Individuals who changed residence must hold shares on a non-repatriation basis when exercising previously issued rights. These conditions apply to renounced rights as well. Act-Rules FEMA Mon, 13 Nov 2017 18:25:26 +0530 https://www.taxtmi.com/acts?id=30899