23rd May, 2018
NOTICE
Sub: Monitoring of Foreign Investment limits in
listed Indian Companies
To all
Listed Companies
This has reference to SEBI circular number IMD/FPIC/CIR/P/2018/61
dated April 05, 2018 read with circular number IMD/FPIC/CIR/P/2018/74
dated April 27, 2018 and SEBI/HO/IMD/FPIC/CIR/P/2018/81
dated May 17, 2018 on monitoring of Foreign Investment limits in listed Indian
companies.
In this regard, SEBI vide its e-mail dated 21st May 2018 wherein
SEBI informed the following concerns of the depositories and accordingly has advised
this Exchange to instruct the respective companies to provide the information,
within the timeline, as prescribed in SEBI Circular/s.
a. Some companies have not yet
appointed any one depository as their Designated Depository for the purpose of
monitoring the foreign investment limit. [Para 4 of Annexure A to the circular
dated April 05, 2018.]
b. Some companies, despite
appointing any one depository as their Designated Depository, have not provided
the information mandated at para 6 of Annexure A to the circular dated April
05, 2018.
All the listed companies are advised to provide the information to your
Designated Depository, within the timeline, prescribed in SEBI circular/s.
This is for information and necessary compliance.
Dhiraj Chakraborty
DGM