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pawan (Assistant Company Secretary)     17 September 2010

foreign shareholders

what are the options available to the promoters of an Indian Listed company to transfer some of their shareholdings to a foreign national who is also an officer of the Company.such foriegn national does not have a demat account in India.



 1 Replies

V. VASUDEVAN (LEGAL COUNSEL)     17 September 2010

check the master circular on Foreign Investment in India - Master Circular dated 1st July 2010. It gives complete information with procedure (available in the RBI website.


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