ROHIT SINGH
asked almost 3 years ago
veeru
answered over 2 years ago
Hi, yes. Listed Indian companies can invest up to 50 % of their net worth as on the date of the last audited Balance Sheet in overseas
jitendra etikala
answered almost 3 years ago
**Yes.** Listed Indian companies can invest up to 50 % of their net worth as on the date of the last audited Balance Sheet in overseas companies, listed on a recognized stock exchange, or in the rated debt securities issued by such companies.
ARJUN PRATAP SINGH
answered almost 3 years ago
Dear Friend, as far as your query is concerned that Can Indian corporates invest overseas other than by way of direct investment? Let me informed that Yes. Listed Indian companies can invest up to 50 % of their net worth as on the date of the last audited Balance Sheet in overseas companies, listed on a recognized stock exchange, or in the rated debt securities issued by such companies. Hope answer was helpful to you Regards, Arjun Pratap Singh
