ANNOUNCEMENT 27 Jul 2016In July 2016, the government of India announced changed rules for foreign investors.
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Official press release
On 27 July 2016, the Government of India increased the foreign shareholding limit in Indian Stock Exchanges from 5% to 15%. This increased limit is applicable for stock exchange, a depository, a banking company, an insurance company, and a commodity derivative exchange. Additionaly, foreign portfolio investors are now allowed to acquire shares in the stock exchanges through initial allotment apart from the secondary market.