Further issue of shares by a 100% foreign owned subsidiary


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Querist : Anonymous

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Querist : Anonymous (Querist)
13 March 2013 A 100% foreign owned company in India has issued further shares to its holding company, which is from another country.
is there any prior approval or form to be filed in this regard?

Ajay Mishra (Expert)
13 March 2013 Hi

You will comply FDI Guidelines.

Go to the following link, it may help you:

https://www.caclubindia.com/articles/note-on-foreign-direct-investment-in-india-13412.asp#.UUBQxqLk-So


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