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May 2013

A. P. (DIR Series) Circular No. 94 dated 1st April, 2013

By Gaurang Gandhi, Chartered Accountant

Reading Time 1 mins

21. A. P. (DIR Series) Circular No. 94 dated 1st April, 2013

Foreign investment in India by SEBI registered FIIs in Government Securities and Corporate Debt

This circular has revised, with immediate effect, the guidelines relating to investment in Government Securities & Corporate Debts by removing/merging the sub-limit in each category into a single limit. The details of the said revision are as under: –

The above limits are not applicable to Non-Resident Indians and they can invest without any limit in Government Securities as well as corporate debt.

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May 2013

A. P. (DIR Series) Circular No. 94 dated 1st April, 2013

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May 2013

A. P. (DIR Series) Circular No. 94 dated 1st April, 2013

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