9911796707
TMI BlogInvestment restrictionsX X X X Extracts X X X X X X X X Extracts X X X X ..... (f) Commercial papers issued by an Indian company; (g) Rupee denominated credit enhanced bonds; (h) Security receipts issued by asset reconstruction companies; (i) Perpetual debt instruments and debt capital instruments, as specified by the Reserve Bank of India from time to time; (j) Listed and unlisted non-convertible debentures/bonds issued by an Indian company in the infrastructure sector, where infrastructure is defined in terms of the extant External Commercial Borrowings (ECB) guidelines; (k) Non-convertible debentures or bonds issued by Non-Banking Financial Companies categorized as Infrastructure Finance Companies (IFCs) by the Reserve Bank of India; (l) Rupee denominated bonds or units issued by infrastructure debt funds; (m) Ind ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nditions shall apply: (a) A foreign portfolio investor shall transact in the securities in India only on the basis of taking and giving delivery of securities purchased or sold; (b) Nothing contained in clause (a) shall apply to: (i) any transactions in derivatives on a recognized stock exchange; (ii) short selling transactions in accordance with the framework specified by the Board; (iii) any transaction in securities pursuant to an agreement entered into with the merchant banker in the process of market making or subscribing to unsubscribed portion of the issue in accordance with Chapter XB of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009; (iv) any other transaction specified b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Central Government or any State Government; (vii) any transaction in securities pursuant to an agreement entered into with merchant banker in the process of market making or subscribing to unsubscribed portion of the issue in accordance with Chapter XB of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009; 6 [(viii) transactions by Category I and II foreign portfolio investors, in corporate bonds, as may be specified by the Board; (ix) transactions on the electronic book provider platform of recognized stock exchanges;] 7 [(x)] any other transaction specified by the Board. (f) A foreign portfolio investor shall hold, deliver or cause to be delivered securities only in demateriali ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dia from time to time. (9) In cases where the Government of India enters into agreements or treaties with other sovereign Governments and where such agreements or treaties specifically recognize certain entities to be distinct and separate, the Board may, during the validity of such agreements or treaties, recognize them as such, subject to conditions as may be specified by it. (10) A foreign portfolio investor may lend or borrow securities in accordance with the framework specified by the Board in this regard. Explanation.- For the purposes of this regulation, the words security receipts , asset reconstruction , securitisation company and reconstruction company shall have the meanings respectively assigned to them under the Securitisation ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
