Question

Can a foreign investor invest in shares issued by an unlisted company in India?

Answer 1

yes , foreign investor in shares issued by an unlisted company in india .In the following routes under which foreign investment can be made is as under:

  Automatic Route: Foreign Investment is allowed under the automatic route without prior approval of the Government or the Reserve Bank of India, in all activities/ sectors as specified in the Regulation 16 of FEMA 20 (R).

Government Route: Foreign investment in activities not covered under the automatic route requires prior approval of the Government.