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REGD. No. D. L.-33004/99
The Gazette of India
CG-MH-E-07072026-274227
EXTRAORDINARY
PART III—Section 4
PUBLISHED BY AUTHORITY
No. 437]
NEW DELHI, FRIDAY, JULY 3, 2026/ASHADHA 12, 1948
5024 GI/2026
SECURITIES AND EXCHANGE BOARD OF INDIA
NOTIFICATION
Mumbai, the 3rd July, 2026
SECURITIES AND EXCHANGE BOARD OF INDIA (FOREIGN PORTFOLIO INVESTORS)
(AMENDMENT) REGULATIONS, 2026
No.SEBI/LAD-NRO/GN/2026/310.— In exercise of the powers conferred by Section 30(1) read with
Section 11(1), Section 11(2)(ba), Section 12(1) and Section12(1A) of the Securities and Exchange
Board of India Act, 1992 (15 of 1992), and under Section 25 of the Depositories Act, 1996 (22 of
1996), the Board hereby makes the following regulations, to further amend the Securities and
Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019, namely, –
1. These regulations may be called the Securities and Exchange Board of India (Foreign
Portfolio Investors) (Amendment) Regulations, 2026.
2. They shall come into force on the one hundred eightieth day from the date of publication of
these regulations in the Official Gazette:
Provided that sub-regulation III of regulation 3 shall come into force on the date of their
publication in the Official Gazette.
3. In the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations,
2019, -
I. In regulation 3(2), the words “the fee specified in Part A of the Second Schedule
and" shall be omitted;
II. In regulation 43B(2), the words and symbols “US $1000” shall be substituted with
the words and symbols “Rs. 90,000 in eligible foreign exchange equivalent”;
III. In the First Schedule, paragraph IV and V shall be renumbered as paragraph V and
VI respectively and before the paragraph V so renumbered, the following new
paragraph IV shall be inserted, namely, -
“IV. The date of Birth/Incorporation/Agreement/Partnership or Trust
Deed/Formation of Body of Individuals or Association of Persons of the foreign
portfolio investor is ../../...."
IV. In the Second Schedule, in Part A,
i. In clause (1),
a. the words and symbols “US $2500 and US $250" shall be
substituted with the words and symbols “Rs. 2,30,000 and Rs.
23,000 in eligible foreign exchange equivalent"; and
b. the words "at the time of submission of the Form" shall be
substituted with the words “prior to the grant of certificate of
registration".
ii. In clause (4), in the first proviso,
a. the words and symbols “US $50” shall be substituted with the
words and symbols “Rs. 4,500 in eligible foreign exchange
equivalent"; and
b. the words and symbols “US $5” shall be substituted with the
words and symbols “Rs. 500 in eligible foreign exchange
equivalent".
iii. Clause (5) shall be substituted with the following, namely, -
“(5) Every designated depository participant shall remit the fees
collected from the foreign portfolio investors in INR to the Board in the
following manner:
(a) in the case of initial registration, within five working days from the
date of grant of certificate of registration to the foreign portfolio
investor, along with the details in the format, as may be specified from
time to time;
(b) in the case of fees paid for subsequent blocks after registration or
any late fees, within five working days from the date of receipt of such
fees by the designated depository participant, along with the details in
the format, as may be specified from time to time."
V. In the Second Schedule, in Part C, in clause (1) the words and symbols “US $800”
shall be substituted with the words and symbols “Rs. 75,000 in eligible foreign
exchange equivalent”.
AMIT PRADHAN, Executive Director
[ADVT.-III/4/Exty./206/2026-27]
Note:
The Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations,
2019 was published in the Gazette of India on September 23, 2019 vide notification No.
SEBI/LAD-NRO/GN/2019/36) and was last amended by the Securities and Exchange
Board of India (Foreign Portfolio Investors) (Second Amendment) Regulations, 2025 vide
Notification No. No. SEBI/LAD-NRO/GN/2025/279.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054. SARVESH KUMAR RUMARUVASTASH
Date: 2026.07.07 21:47:56
SRIVASTAVA +05'30
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