Question
Foreign Investors who do not want to be registered with
SEBI as Foreign Portfolio Investors but are desirous of making investments in Indian Stock markets can do throughSolution
Participatory Notes or P-Notes (PNs) are financial instruments issued by a registered foreign portfolio investor (FPI) to an overseas investor who wishes to invest in Indian stock markets without registering themselves with the market regulator, the Securities and Exchange Board of India (SEBI). They are called Offshore derivative Instruments.
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