This is in continuance of our series on
Consolidated
FDI Policy of India 2012 by DIPP. In this
article
Perry4Law
and Perry4Law
Techno Legal Base (PTLB) would discuss the FDI
in
infrastructure company in the securities market sector of India under
the consolidated FDI policy of India 2012.
FDI in Infrastructure Company in the
Securities
Market, namely, stock exchanges, depositories and clearing
corporations, in compliance with SEBI Regulations, is allowed up to
49% (FDI & FII) [FDI limit of 26 per cent and an FII limit of
23
per cent of the paid-up capital] through government approval route.
Further, FII can invest only through purchases in the secondary market.
