https://www.taxtmi.com/circulars?id=58329 Clubbing of FPI investment limits is based on common ownership exceeding fifty percent or on common control, with entities so connected treated as an investor group and their investments aggregated to the single-FPI limit. Exemptions apply to appropriately regulated public retail funds and specified look-through or manager-regulated structures. Foreign government agencies forming part of an investor group are clubbed with the government and related entities; distinct recognition under bilateral treaties may be permitted. Breach remedies permit divestment within five trading days from settlement or conversion of excesss holdings into foreign direct investment. en-us Thu, 13 Dec 2018 00:00:00 +0530 Thu, 31 Jul 2025 15:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58329 Clubbing of FPI investment limits is based on common ownership exceeding fifty percent or on common control, with entities so connected treated as an investor group and their investments aggregated to the single-FPI limit. Exemptions apply to appropriately regulated public retail funds and specified look-through or manager-regulated structures. Foreign government agencies forming part of an investor group are clubbed with the government and related entities; distinct recognition under bilateral treaties may be permitted. Breach remedies permit divestment within five trading days from settlement or conversion of excesss holdings into foreign direct investment. Circulars SEBI Thu, 13 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58329