23rd May, 2018

 

NOTICE

 

Sub: Monitoring of Foreign Investment limits in listed Indian Companies

 

 

To all Listed Companies

 

 

This has reference to SEBI circular number IMD/FPIC/CIR/P/2018/61 dated April 05, 2018 read with circular number IMD/FPIC/CIR/P/2018/74 dated April 27, 2018 and SEBI/HO/IMD/FPIC/CIR/P/2018/81 dated May 17, 2018 on monitoring of Foreign Investment limits in listed Indian companies.

 

In this regard, SEBI vide its e-mail dated 21st May 2018 wherein SEBI informed the following concerns of the depositories and accordingly has advised this Exchange to instruct the respective companies to provide the information, within the timeline, as prescribed in SEBI Circular/s.

 

 

a.       Some companies have not yet appointed any one depository as their Designated Depository for the purpose of monitoring the foreign investment limit. [Para 4 of Annexure A to the circular dated April 05, 2018.]

 

b.      Some companies, despite appointing any one depository as their Designated Depository, have not provided the information mandated at para 6 of Annexure A to the circular dated April 05, 2018.

 

All the listed companies are advised to provide the information to your Designated Depository, within the timeline, prescribed in SEBI circular/s.  

 

 

This is for information and necessary compliance.

 

 

 

Dhiraj Chakraborty

DGM