How is Section II, item 2.3, Non-Resident Equity and Participating Preference Shares Capital % calculated? - FEMA - FAQ - FEMA

Ans: The Non-Resident Equity and Participating Preference Shares Capital % is calculated using the following formula: Non-Resident Equity and Participating Preference Shares Capital % -- 2.3 = 2.11.1 *100 where, 2.1 = Equity and Participating Preference Share Capital = 2.1.1+2.1.2+2.2 2.1.1 = Equity share capital = Sum of item 1-12 under the 2.1.1 block 2.1.2 = Participating Preference share capital = Sum of item 1-12 under the 2.1.2 block 2.2 = Non Participating Preference Share