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August 2014

A. P. (DIR Series) Circular No. 4 dated July 15, 2014 Notification No. FEMA.306/2014-RB dated May 23, 2014

By Gaurang Gandhi Chartered Accountant

Reading Time 1 mins

Foreign Direct Investment (FDI ) in India – Issue/ Transfer of Shares or Convertible Debentures – Revised pricing guidelines
This circular contains the revised pricing guidelines with respect to issue/transfer of shares in/convertible debentures of an Indian Company to Non-Resident investors by the Company/Residents investors and vice versa.

The pricing guidelines (existing & revised) are as under: –