India – SEBI Foreign Portfolio Investors

India – SEBI Foreign Portfolio Investors

On 29 April 2022, IND SEBI modified the operational guidelines for foreign portfolio investors, designated depository participants and eligible foreign investors.

  • Operational guidelines amended to require designated depository participant to grant the certificate of registration, bearing registration number generated by SEBI.
  • Paragraph pertaining to name change also amended reissue of registration certificate.
  • Provisions of this circular shall be applicable with effect from 9 May 2022.