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    Reporting to RBI about change in shareholding pattern

    Posted By : damini / Published on : 18-Dec-2019 07:32 AM / View : 435 / Comment : 0

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    Dear Members,

    Please suggest...
    An Indian company has a joint venture in Hongkong with 96% shareholding, now that joint venture issued further capital to a non resident, which resulting to reduce the shareholding percentage of Indian company.

    whether the indian company has to report to RBI, if yes, in which form?
    Read more on : pattern shareholding change reporting

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