Allocation of Government debt long term & corporate debt - old investment limits to FIIs
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..... Based on the assessment of the allocation and the utilization of the limits to FIIs for investments in debt, it has been decided to allocate the unutilized limits in Government debt long term & corporate debt - old category in the following manner:- 2. Allocation through bidding process: The bidding for these limits shall be done on the NSE from 15:30 hrs to 17:30 hrs, on March 15, 2011, in ter....
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....rtial amendment to clause 3 (h) of the aforesaid circular IMD/FII & C/37/2009, no single entity shall be allocated more than ₹ 300 cr. of the investment limit. Where a single entity bids on behalf of multiple entities, in terms of para 7 of SEBI circular CIR/IMD/FIIC/18 /2010 dated November 26, 2010, then such bid would be limited to INR 300 cr. for every such single entity. 2.2.2. In parti....


TaxTMI
TaxTMI