Reporting of foreign investment
in Indian companies
An Indian company receiving foreign investment by issuing financial instruments such as equity and/or convertible preference shares, convertible debentures under the FDI Scheme, should report the details of consideration received with copy of Foreign Inward Remittance Certificate (FIRC) and KYC report to the concerned Regional Office, Reserve Bank not later than 30 days from the date of receipt in the Advance Reporting Form. The Regional Office will then allot a Unique Identification Number (UIN) for the same.