Monitoring
of Foreign Investment limits in listed Indian companies Amended
Circular No.: SEBI/HO/IMD/FPIC/CIR/P/2018/81
Dated : May 17, 2018
Amendment to SEBI
Circular No. IMD/FPIC/CIR/P/2018/61 dated April 5, 2018 and Circular No.
IMD/FPIC/CIR/P/2018/74 dated April 27, 2018 on Monitoring of Foreign Investment
limits in listed Indian companies
1. SEBI vide Circular No. IMD/FPIC/CIR/P/2018/61
dated April 5, 2018 introduced a new system for Monitoring of Foreign
Investment limits in listed Indian companies and prescribed guidelines w.r.t
the necessary infrastructure, data to be provided by listed Indian companies
and other related matters.
2, In view of the requests from various
stakeholders, the following has been decided:
2.1. The
deadline for the companies to provide the necessary data to the depositories
has been extended to May 25, 2018.
2.2. The
new system for monitoring foreign investment limits in listed Indian companies
shall be made operational on June 01, 2018.
3. This circular is issued in exercise of
powers conferred under Section 11 (1) of the Securities and Exchange Board of
India Act, 1992.
4. A copy of this circular is available at
the web page “Circulars” on our website www.sebi.gov.in. Custodians are
requested to bring the contents of this circular to the notice of their FPI
clients.
Company Secretary GAURAV SHARMA+919990694230 Connect on Watts App with Gaurav Email us [email protected] Submit your guest articles for our website click here we will publish it Subscribe our Email updates like other 300,000 Members, Free/Easy/Comfortableway
