Can existing investments made as FIIs/SAs/Qualified Foreign Investors (QFIs) be retained under the FPI regime?
Modified on: Sat, 7 Oct, 2017 at 12:01 PM
Yes, all existing investments made by the FIIs/SAs/QFIs can be retained under the FPI regime. However, in respect of those securities, where FPIs are not allowed to invest (e.g. unlisted securities) no fresh purchase shall be allowed as FPI. They can only sell their existing investments in such securities.
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