REMOVAL OF RESTRICTIONS ON PNs (ODIs)
CIRCULAR NO. SEBI/IMD/FII & C/31/2008, DATED 7-10-08
1. Please refer to the SEBI press release dated October 06, 2008, on the decisions taken by the SEBI Board pertaining to removal of restrictions on PNs.
2. In this respect it is informed that the decisions on PNs (ODIs) are effective from close of market hours on October 07, 2008.
3. Amendments to the FII regulations are being effected.
CAclubindia
Ravikumar.G
Published in Shares & Stock