The Master Circular issued by SEBI on May 30, 2024, applies to Foreign Portfolio Investors (FPIs),...

The Master Circular issued by SEBI on May 30, 2024, applies to Foreign Portfolio Investors (FPIs), Designated Depository Participants (DDPs), and Eligible Foreign Investors. It supersedes previous circulars and incorporates their provisions. Actions taken u/s the rescinded circulars are deemed valid under the new Master Circular. Any pending applications are considered under the new provisions. Rights, obligations, penalties, and legal proceedings from the rescinded circulars remain unaffected. The circular is u/r Section 11(1) of the SEBI Act, 1992. .....

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