Securities And Exchange Board Of India (Foreign Portfolio Investors) (Second Amendment) Regulations, 2021.

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....OND AMENDMENT) REGULATIONS, 2021 No. SEBI/LAD-NRO/GN/2021/54.-In exercise of the powers conferred by section 30 read with clause (c) of sub-section (2) of section 11 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to further amend the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019, nam....

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....he International Financial Services Centres and regulated by the International Financial Services Centres Authority; ii. such resident Indian, other than individuals, is a Sponsor or Manager of the applicant; and iii. the contribution of such resident Indian, other than individuals, shall be up to- a. 2.5% of the corpus of the applicant or US $ 7,50,000 (whichever is low....