Resolut Partners

RBI’s Draft Foreign Investment Rules

Wednesday, 19 August, 2026 | 2:00 pm (IST) | 4:30 pm (SGT)

We are pleased to invite you to a webinar on the RBI’s draft Foreign Investment Rules, based on our recent piece discussing the impact of the Draft Rules on foreign investors, funds and Indian investee companies and providing comments to the regulator (available here).

Key Considerations

  • ⁠Indirect Foreign investment now looks upward and sideways; group aggregation introduced with presumptive control above 10%
  • Pricing now bites even on non-resident to non-resident transfers; floor and ceiling replaced by a single price — death knell for ratchets and value adjustments?
  • ⁠Offshore private credit finally gets its collateral: pledge conditions removed
  • ⁠Sub-10% in an unlisted company is also now FPI - SEBI registration deleted. Will FPI in unlisted companies get exemptions from sectoral conditionalities?
  • ⁠FVCI and investment vehicle routes: missing. Oversight, or move to radical streamlining?
  • ⁠India-managed AIFs with offshore LPs could wake up foreign-owned? Intended?
  • "Equity" is now whatever your accountant says it is; Put options lose the one-year lock-in
  • ⁠Breach of foreign investment rules? Foreign investor liable too, not just investee company

Speakers

Prashant Khurana

Counsel, Resolüt Partners

Prashant’s practice areas span M&A, private equity, structured finance with particular emphasis on real assets. Prashant has advised a diverse array of sophisticated global players including leading pension...

Shreyas Bhushan

Partner, Resolüt Partners

Shreyas’ practice entails advising on cross-border PE, M&A and Structured Finance transactions from a legal, strategic and tax perspective. Shreyas also leads the public M&A and corporate governance practice...

Ruchir Sinha

Managing Partner, Resolüt Partners

Ruchir is the Managing Partner of Resolut Partners and has extensive experience advising sovereign wealth funds, pension funds, financial sponsors, and strategic investors on private equity, M&A, and...