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Plan in works to put FPI & FDI rules on equal footing

By Economic Times - 3 months ago
Currently, an FPI or an investor group can hold only up to 10% equity in a listed company. More than 10% is allowed through FDI. The fungibility would allow individuals the freedom to freely manage investments. Even portfolio investors can pick up more than 10% stake in a company. Foreign investment is classified under different buckets and faces different regulations, said the official cited above.

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