Deleted
FIIs have been permitted to invest in unlisted securities.
But the FPI regulations say that FPIs are allowed to invest only in listed or to-be-listed entities.
Isn't this contradiction ?
Why this question when FII has been done away with?
You are correct FPI's are not allowed to invest in unlisted companies; anyone looking for clarification:
https://www.sebi.gov.in/sebi_data/commondocs/jan-2020/SEBI%20Letter%20IG%20IPFII%20Singapore_p.pdf
