Non-resident entities can receive equity, preference shares, or debentures from their Indian subsidiaries in 100% FDI sectors.

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....A wholly owned subsidiary set up in India by a non-resident entity, operating in a sector where 100% FDI is allowed in the automatic route and there are no FDI linked conditionalities, may issue equity shares or preference shares or convertible debentures or warrants to the said non-resident entity - subject to certain conditions and restrictions....