https://www.taxtmi.com/circulars?id=59335 A separate capped framework governs FII investments in Upper Tier II instruments: investments are excluded from the general corporate debt ceiling but fall under a distinct aggregate limit allocated between 100% debt FIIs and general 70:30 FIIs/sub-accounts. A reserved headroom allows general 70:30 FIIs/sub-accounts to invest up to that threshold without approvals; beyond it, allocations follow the Board's established approval procedure. The Board may withdraw unused allocations to satisfy demand, and custodians must notify FII clients. en-us Fri, 15 Sep 2006 00:00:00 +0530 Mon, 28 Jan 2019 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59335 A separate capped framework governs FII investments in Upper Tier II instruments: investments are excluded from the general corporate debt ceiling but fall under a distinct aggregate limit allocated between 100% debt FIIs and general 70:30 FIIs/sub-accounts. A reserved headroom allows general 70:30 FIIs/sub-accounts to invest up to that threshold without approvals; beyond it, allocations follow the Board's established approval procedure. The Board may withdraw unused allocations to satisfy demand, and custodians must notify FII clients. Circulars SEBI Fri, 15 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59335