Disclosures of Material Changes and Other Obligations for Foreign Portfolio Investors

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..... The Depositories 4. The Stock Exchanges and Clearing Corporations Dear Sir / Madam, Subject: Disclosures of Material Changes and Other Obligations for Foreign Portfolio Investors 1. SEBI vide "Master Circular for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors" No. SEBI/HO/AFD/AFD-PoD-2/P/CIR/P/2024/70 dated May 30, 2024 (hereinaft....

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....lf of the Board, it shall inform the DDP and/or the Board in writing, in the following manner: a. 'Type I' material changes shall be informed by FPIs as soon as possible and within seven working-days of the occurrence of the change and the supporting documents (if any) shall be provided within 30 days of such change. This category shall include critical material changes that I. r....

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....rust) V. Change in regulatory status of the FPI (e.g. regulated to unregulated fund) VI. Change in compliance status of jurisdiction of FPI/BO in terms of Regulation 4(d), 4(e) or 4(f) of the FPI Regulations, 2019 VII. Reclassification of the FPI from Category I to Category II VIII. Addition of FPI(s) to any existing/new investor group(s) IX. FPIs obtai....

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....ion 4 of FPI Regulations, 2019 unless the FPI has been exempted from complying with the said criteria c. 'Type II' material changes, i.e., any material changes other than those considered as 'Type I' material changes, shall be informed and supporting documents (if any) shall be provided by FPIs as soon as possible and within 30 days of such change. ii. The DDP shall examine all m....