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FPIs can invest in to be listed shares of an Indian Company: SEBI clarifies via informal guidance

January 27, 2020
The market regular, SEBI has issued informal guidance regarding clarification on whether a FPI can invest in unlisted equity shares of an Indian Company. The informal guidance has specified that an FPI can invest in shares, debentures and warrants issued by the body corporate listed or to be listed on stock exchange.
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