Effective or announced 12 June 2026Impact for foreign investors: low
What changed
Since 12 June 2026, any non-resident individual may invest in listed Indian shares without registering as an FPI, through a designated bank branch. Each individual must stay below 10% of a company, and all such individuals together may hold up to 24%.
Who it affects
Foreign individuals, including executives of foreign groups, investing in listed Indian companies.
What to do
Use the designated bank route and monitor holdings against the individual and aggregate limits. For a larger or strategic stake, review the FDI route instead, including its pricing, reporting and land-border checks.