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Purchase and sale of securities other than shares or convertible debentures of an Indian company by a person resident outside India

Purchase and sale of securities other than shares or convertible debentures of an Indian company by a person resident outside India

Notification dated 27.12.2016

SEBI registered Foreign Institutional Investors (FIIs), Qualified Foreign Investors (QFIs), registered Foreign Portfolio Investors (FPIs) and long term investors registered with SEBI, may purchase securities indicated in Schedule 5 on repatriation basis and subject to such terms and conditions as may be specified by the SEBI and the Reserve Bank from time to time.

 

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