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FPI Can Go Beyond 10% In Listed Company By Reclassifying Investment As FDI: RBI
In case the FPI intends to reclassify its foreign portfolio investment into FDI, the FPI shall obtain approvals/concurrence from the government and the concerned Indian investee company.
In case the FPI intends to reclassify its foreign portfolio investment into FDI, the FPI shall obtain approvals/concurrence from the government and the concerned Indian investee company.
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