Can a private limited company issue unlisted non convertible secured debentures to foreign portfolio investors?
Thank you
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NCD Issauance
Replies (2)
as per my understanding earlier it was restriction, now RBI & SEBI revised the applicable rules i.e allowing FPIs to invest in unlisted NCDs subject to certain conditions.
for more go throgh SEBI Informal Guidance on Foreign Portfolio Investments in Unlisted Non-Convertible Debentures
Thank you Bhaskar ji
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