Permission for Direct Investment in Equity of Companies Registered Overseas

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..... nt in Equity of Companies Registered Overseas A person resident in India, being an individual or a listed Indian company or a mutual fund registered in India, may invest in the shares of an overseas company which is listed on a recognised stock exchange and has a share holding in its name of not less than 10% in any listed Indian company as on 1st January of the year of investment, provided that : .....

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