Investor Presentaiton

Simplification of FDI Policy FDI Policy (October 20,2016) 32 ☐ Portfolio investment up to aggregate foreign investment level of 49% or sectoral/statutory cap, whichever is lower, will not be subject to either Government approval or compliance with the sectoral conditions, provided such investment does not result in change in ownership leading to control of Indian entities by non-resident entities. ☐ Other foreign investments will be subject to conditions of Government approval and compliance of sectoral conditions. ☐ The onus of compliance with the sectoral/statutory caps on foreign investment and attendant conditions, shall be on the company receiving foreign investment.

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