FC-GPR

J. Manivannan (Advocate & IP) (242 Points)

18 November 2010  

Please advice below:

Listed entity was allotted equity shares to FIIs (QIBs) through Qualified Institutional Placement basis. In connection with we need file FC-GPR through AD-I within 30 days from the allotment of such date. The subscripttion money has credited into Escrow Bank Account from Custodian Bank of Concerned FIIs (SEBI registered FIIS maintained FCNR or Non – Resident Special Rupee account with Custodian bank). Please clarify Whether FC-GPR form should be file through custodian banks (in this case more than one custodian bank involved) or Escrow Bank.

 Thanks in advance

Manivannan J