Investor Presentaiton

Mode of payment and Repatriation By inward remittance from abroad through banking channels or out of funds held in a foreign currency account and/ or a Special Non-Resident Rupee (SNRR) account The foreign currency account and SNRR account shall be used only and exclusively for transactions under this Schedule ■ Remittance of sale proceeds ■ The sale proceeds (net of taxes) of the investments may be remitted outside India or may be credited to the foreign currency account or a SNRR account of the FPI. 49

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