SEBI revised FPI registration guidelines, limiting NRI/OCI contributions to 25% and 50% aggregated, and requiring investments through India's Liberalised Remittance Scheme, effective June 25.

SEBI has revised FPI registration guidelines for NRIs, OCIs, and resident Indians, mandating that a single NRI or OCI's contribution to an FPI corpus should remain under 25%, while aggregated contributions must not exceed 50%. NRIs, OCIs, and resident Indians should not control FPIs, and investments must be channeled through India's Liberalised Remittance Scheme. These changes took effect from June 25 following amendments to the FPI rules.