The National Stock Exchange (NSE), vide a Circular dated April 25, 2018, has reiterated the Circular No. IMD/FPIC/CIR/P/2018/61 issued by Securities and Exchange Board of India (SEBI) dated April 5, 2018 wherein SEBI had introduced a mechanism for monitoring Foreign Investment Limits in Listed Indian Companies.
As per the SEBI Circular, the companies are required to provide the necessary data (details of which have been mentioned in Annexure A of the SEBI Circular) to the depositories latest by April 30, 2018.
The new system for monitoring foreign investment limits in listed Indian companies shall be made operational on May 1, 2018.
[Ref No: NSE/CML/2018/11]