World Trade Organization Organisation Mondiale du Commerce Organización Mundial del Comercio

Reply: The present limits for investment in stock exchanges are prescribed as under:

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  Securities Contracts (Regulation) (Manner of Increasing and Maintaining Public Shareholding in Recognised Stock Exchanges) Regulations, 2006 was notified on 13 November 2006 to all recognised stock exchanges.
  
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  In terms of Regulation 8 (2)(a) and (b) of the above said Regulations amended on 23 December 2008:
  

"(2) the combined holding of all persons resident outside India in the equity share capital of a recognised stock exchange shall not exceed, at any time, 49% of its total equity share capital, subject further to the following:

1.