Secured permanent FDI status for a foreign investor in a listed Indian company under Press Note 3 scrutiny, operationalised through the SEBI and RBI reclassification framework of 11 November 2024. Custodian processed the transfer from the FPI demat account to the FDI demat account after RBI reporting completion; investee company concurrence obtained; sectoral cap and pricing compliance confirmed.
Converted portfolio capital at the 10% threshold boundary into permanent strategic investment under a defined compliance chain. Established a documented pathway for FPI-to-FDI reclassification in a listed entity under Press Note 3 scrutiny, an institutionally rare transaction type for which the regulatory machinery was only operationalised in November 2024.