https://www.taxtmi.com/acts?id=36229 Regulation 18 mandates ownership limits in recognised clearing corporations: a majority stake must be held by recognised stock exchange(s) with a prohibition on any single exchange holding excessive stakes across multiple clearing corporations; resident and non-resident investors are subject to individual caps, specified higher limits apply to certain institutions, aggregate foreign holdings are capped subject to government limits, foreign portfolio investors may buy only on the secondary market, and shareholders exceeding limits at commencement have three years to conform. en-us Wed, 06 Mar 2019 09:54:15 +0530 Sat, 21 Dec 2019 12:54:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36229 Regulation 18 mandates ownership limits in recognised clearing corporations: a majority stake must be held by recognised stock exchange(s) with a prohibition on any single exchange holding excessive stakes across multiple clearing corporations; resident and non-resident investors are subject to individual caps, specified higher limits apply to certain institutions, aggregate foreign holdings are capped subject to government limits, foreign portfolio investors may buy only on the secondary market, and shareholders exceeding limits at commencement have three years to conform. Act-Rules SEBI Wed, 06 Mar 2019 09:54:15 +0530 https://www.taxtmi.com/acts?id=36229