ANNOUNCEMENT 15 Sep 2015

In September 2015, the government of India announced changed rules for foreign investors.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Press release No. 9 (2015)
http://dipp.nic.in/English/acts_rules/Press_Notes/pn9_2015.pdf


Inception date: 15 Sep 2015 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On 15 September 2015, the Department of Industrial Policy and Promotion issued Press Note No. 9 (2015 series) allowing FDI through two additional instruments. Under the new rules, foreign investors may also purchase partly paid equity shares and share warrants.
 
Preference shares and convertible debentures are, as before, required to be fully paid.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A