Strengthening the Guidelines and Raising Industry standards for RTAs, Issuer Companies and Banker to an Issue - Clarification

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..... l Custodians 3. The Depositories (NSDL and CDSL) 4. All Registrar and Transfer Agents 5. All Merchant Bankers Dear Sir / Madam, Sub: Investment by Foreign Portfolio Investors (FPI) through primary market issuances 1. Regulation 21(7) of SEBI (Foreign Portfolio Investors) Regulations, 2014 ('FPI Regulations') mandates that the purchase of equity shares of each c .....

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..... ing of investment limits at the level of investor group shall be performed by the depositories based on the information provided by DDPs. 4. To ensure compliance of the above, at the time of finalization of basis of allotment during primary market issuances, Registrar and Transfer Agents ('RTAs') shall: a) Use Permanent Account Number (PAN) issued by Income Tax Department of India fo .....

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