Review of the existing Foreign Direct Investment policy on Partly Paid Shares and Warrants.

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Full Text of the Document

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....ts. 1.0 The Government has reviewed the provisions of the extant FDI policy on the captioned subject and it has been decided to allow partly paid shares and warrants as eligible capital instruments for the purposes of FDI policy. Accordingly, the following amendments are made in the 'Consolidated FDI Policy Circular of 2015', effective from May 12, 2015: (i) Para 2.1.5 is amended to rea....