Capital Market update

Updated: 18 Jan, 2022

The Securities and Exchange Board of India (“ SEBI” ) has issued vide Circular no. CIR/IMD/FIIC/1/2011 dated January 17, 2011 a revised reporting format of the Foreign Institutional Investors (“ FIIs” ) issuing Offshore Derivative Instruments (“ ODIs” ) or Participatory Notes (“ PN” ).