Amendment to Circular for mandating additional disclosures by FPIs that fulfil certain objective criteria
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.... 3. The Depositories 4. The Stock Exchanges and Clearing Corporations 5. Registrars to an Issue and Share Transfer Agents 6. Listed Companies Dear Sir / Madam, Subject: Amendment to Circular for mandating additional disclosures by FPIs that fulfil certain objective criteria 1. SEBI vide Circular No. SEBI/ HO/ AFD/ AFD-PoD-2/CIR/P/2023/148 dated August 24, 2023 mandated additiona....
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....the corporate repository published by the Stock Exchanges and their respective apex companies having no identified promoters shall be made public by Depositories. ii. The FPI holds not more than 50% of its Indian equity AUM in the corporate group, after disregarding its holding in the apex company (with no identified promoter). iii. The composite holdings of all such FPIs (that m....
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.... 2023: Provided no such requirement, to realign or make disclosure, shall be applicable unless the 3% cumulative limit for the apex company continues to be met through the said 10 trading days. 5. All other provisions specified in the said Circular dated August 24, 2023 shall remain unchanged. 6. For FPIs that met the objective criteria specified under Para 7(a) of the said Circular dated....
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