Issuance of Offshore Derivative Instruments by Registered Foreign Institutional Investors (FII)

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....dians of Securities Dear Sir / Madam, Sub: Issuance of Offshore Derivative Instruments by Registered Foreign Institutional Investors (FII). Please refer to our Circular No. IMD/CUST/8/2003 dated August 08, 2003 regarding the captioned subject. Subsequent to the aforesaid circular, on a review and in the interests of greater efficacy of the market, amendment is being made to the Securities....

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