9911796707
TMI BlogModification in Annexure to Common Application Form (CAF)X X X X Extracts X X X X X X X X Extracts X X X X ..... ution by NRIs, OCIs and RI individuals in the corpus of FPIs based in International Financial Services Centres ( IFSCs ) in India and regulated by International Financial Services Centres Authority ( IFSCA ). 2. In this regard, to provide the flexibility to existing and new FPIs, the Annexure to Common Application Form attached as Annexure B to the FPI Master Circular is modified as follows: 2.1. The following additional option is inserted under Section B-II: NRI/OCI/RI Entitlement in FPI in Para 5 of Part B titled Additional information and shall be applicable only in case of applicants based in IFSCs in India: We confirm that NRIs/OCIs/RIs as investors in the FPI and contributions by single NRI/OCI/RI including those of NRI/OCI/RI control ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h Kumar Jha Deputy General Manager Alternative Investment Fund and Foreign Portfolio Investors Department Tel No.: 022 26449219 E-mail: [email protected] Encl: Annexure 1 Annexure - 1 On the Letter Head of FPI based in an IFSC in India To, Date: (Name of the DDP) __________ Subject: Declaration pursuant to sub-para 1(ii)(e) of Part A of SEBI Master Circular for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors (Modified through SEBI Circular SEBI/HO/AFD/AFD-POD-2/P/CIR/2024/89 dated June 27, 2024.) Dear Sir / Madam, We (Name of the FPI) (hereinafter referred to as FPI) having FPI registration number _________ hereby declare that; We am/are intending to / already have aggregate contribution, of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es of acceptable documents of all NRI/OCI/RI investors / constituents. In case of non-individual constituents which are controlled directly or indirectly by one or more NRIs/OCIs/RI individuals, or where NRI/OCI/RI Individuals together hold 50% or more ownership or economic interest on a full look through basis, we shall provide the copies of the PAN / acceptable documents of such NRI/OCI/RI individuals. Where the NRI/OCI/RI individual s PAN is not available, we shall submit the following documents: I. A declaration from such NRI/OCI constituents to the effect that they neither have a PAN nor any taxable income in India; II. A declaration from such RI individuals to the effect that they are exempted from obtaining PAN by the Indian tax auth ..... X X X X Extracts X X X X X X X X Extracts X X X X
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