Purchase/ Sale of capital instruments of a listed Indian company on a recognised stock exchange in India by Foreign Portfolio Investors [See Regulation 5(2)]

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....pital instruments of a listed Indian company on a recognised stock exchange in India by Foreign Portfolio Investors 1. Purchase/sale of capital instruments A Foreign Portfolio Investor (FPI) may purchase or sell capital instruments of an Indian company on a recognised stock exchange in India subject to the following conditions. (1) The total holding by each FPI or an investor group as ref....

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....neral Body through a resolution and a special resolution, respectively. (2) In case the total holding of an FPI increases to 10 percent or more of the total paid-up equity capital on a fully diluted basis or 10 percent or more of the paid-up value of each series of debentures or preference shares or share warrants issued by an Indian company, the total investment made by the FPI shall be re-cla....

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....the fair price worked out as per any internationally accepted pricing methodology for valuation of shares on arm's length basis, duly certified by a Securities and Exchange Board of India registered Merchant Banker or Chartered Accountant or a practicing Cost Accountant, as applicable (4) An FPI may, undertake short selling as well as lending and borrowing of securities subject to such conditio....