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Investor Presentaiton

34 Simplification of FDI Policy (October 20,2016) A Non-resident Indian (NRI) has been permitted to purchase or sell shares, convertible preference shares, convertible debentures and warrants of an Indian company or units of an investment vehicle, on both repatriation basis non-repatriation basis. ā˜ Investment by an NRI, including a company, a trust and a partnership firm incorporated outside India and owned and controlled by NRI, on non- repatriation basis will be deemed to be domestic investment at par with the investment made by residents. Foreign investment up to 100 percent under the automatic route has been permitted in the plantation sector which includes tea plantations, coffee plantations, rubber plantations, cardamom plantations, palm oil tree plantations and olive oil tree plantations
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