Public company' s shares

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NAVA YUG (Querist)
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19 December 2012 SIR/MADAM,

CAN A FOREIGN COMPANY PURCHASE THE SHARES OF LISTED PUBLIC COMPANY?
IF CAN,FROM WHERE THEY CAN PURCHASE? INDIAN STOCK EXCHANGE OR OUTSIDE STOCK EXCHANGE?

Ajay Mishra

Ajay Mishra (Expert)
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19 December 2012 Hi

Yes, a foreign company can purchase Indian securities through DP.

For purchasing shares they should be registered with DP(share broker company)registered with SEBI.

NAVA YUG

NAVA YUG (Querist)
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20 December 2012 Thanks Sir,

Can a foreign company become shareholder of a private company in India?

All the members/shareholders must be Individuals?

Ajay Mishra

Ajay Mishra (Expert)
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20 December 2012 Hi

Yes, a foreign company becomes shareholders of private company in India.

No, it is not mandatory that all the shareholders of company should be Individuals.

NAVA YUG

NAVA YUG (Querist)
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20 December 2012
Thanks sir,

Is there any restriction related to the investment made by them?

Any additional disclosure or procedures needed for this by the private company?

Ajay Mishra

Ajay Mishra (Expert)
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20 December 2012 Hi

Go to the following link, it may help you:

https://www.caclubindia.com/articles/note-on-foreign-direct-investment-in-india-13412.asp#.UNLeWuSE2Jw

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