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Undertakings for ODI activity

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Full Text of the Document

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....s for ODI activity In partial amendment to SEBI circular reference no IMD/CUST/15/2004 dated April 02, 2004, the undertaking required to be provided by the Foreign Institutional Investors (FIIs) and their sub-accounts with respect to the offshore derivative instruments (ODIs) is being revised to state the following w.e.f the Monthly ODI Report from May 2008: "We undertake that we/ our associates....