Investor Presentaiton
Simplification of FDI Policy
Policy (October
(October 20,2016)
33
☐ A company shall be considered as owned by resident Indian citizens if more
than 50% of the capital in it is beneficially owned by resident Indian
citizens and/or Indian companies, which are ultimately owned and
controlled by resident Indian citizens.
□ 'Control' shall include the right to appoint a majority of the directors or to
control the management or policy decisions including by virtue of their
shareholding or management rights or shareholders agreement or voting
agreement.
☐ Foreign investment in LLP is permitted under the automatic route if the LLP is
engaged in sector where 100% FDI is allowed.
☐ Foreign investment by way of swap of shares is permitted provided the
resident company in which the investment is made is engaged in an
automatic route and irrespective of the amount, valuation of the shares
involved in the swap arrangement is made by a MB registered with SEBI or
an Investment Banker outside India.View entire presentation