NDA Govt permits Foreign Investment through 'Partly Paid Shares' Tuesday Sep 15,2015

NDA

Government has permitted foreign investments through partly paid shares and warrants in a move to facilitate FDI in the country.

“The government has reviewed the provisions of the extant FDI policy...and it has been decided to allow partly paid shares and warrants as eligible capital instruments for the purposes of FDI policy,” the Department of Industrial Policy and Promotion (DIPP) said in a notification.