FC-GPR for rights issue
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 January 2011
Company A, is an unlisted public co., proposes to issue right shares to existing shareholders in the same ratio. 49% os shares are held by NRI. At time of original allotment we filed form FCGPR.
The query is should we have to file form FCGPR even for rights issue with RBI. PL CLARIFY
The query is should we have to file form FCGPR even for rights issue with RBI. PL CLARIFY
Jayashree S Iyer
(Expert)
10 January 2011
Yes. As and when shares are alloted to NRI you have to file FCGPR including rights issue.
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udit sharma
(Expert)
10 January 2011
Agreed - Part A of FC-GPR to be filed within 30 days from the date of allotment!
Regards
CS Udit Sharma
Regards
CS Udit Sharma
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