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    <title>Clarifications regarding investment by Foreign Institutional Investors</title>
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    <description>SEBI permits FIIs and sub accounts to seek time limited approval to retain and sell residual or illiquid securities after registration expiry by submitting holdings in the prescribed annexure; approvals will be communicated to the central bank for foreign exchange clearance, authorise only disposals of existing holdings (no purchases), allow corporate benefits and rights applications, require custodians and FIIs to report trades, and permit case by case extensions if sales are not completed within the authorised period.</description>
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      <title>Clarifications regarding investment by Foreign Institutional Investors</title>
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      <description>SEBI permits FIIs and sub accounts to seek time limited approval to retain and sell residual or illiquid securities after registration expiry by submitting holdings in the prescribed annexure; approvals will be communicated to the central bank for foreign exchange clearance, authorise only disposals of existing holdings (no purchases), allow corporate benefits and rights applications, require custodians and FIIs to report trades, and permit case by case extensions if sales are not completed within the authorised period.</description>
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