ROHIT SINGH
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veeru
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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
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jitendra etikala
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**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
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
