Tag: Reclassification.
December 18, 2024
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
OPERATIONAL FRAMEWORK FOR RECLASSIFICATION OF FOREIGN P...
On November 11, 2024, the Reserve Bank of India ("RBI"), notified an operational framework for reclassification of Foreign Portfolio Investment ("FPI") to Foreign Direct Investment ("FDI") , once it exceeds the threshold percentage of 10% (ten percent) of the total paid-up equity capital (on a fully diluted basis) of an Indian company. ......











