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Listed Cos. to submit details of foreign investments to depositories by May 15, 2018; SEBI reiterates

May 4, 2018
The SEBI had earlier issued a circular requiring listed Companies to provide specific data on foreign investment to the depositories. SEBI has reiterated that the requisite information may be provided by listed Companies before May 15, 2018. The listed Companies who fails to provide the information will not be able to receive foreign investment and will be non-compliant with Foreign Exchange Management Act, 1999 and regulations made thereunder.
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