S. No
|
Item No
|
Name of the applicant
|
Gist of the proposal
|
Sector
|
FDI (Rs. crore)
|
1
|
3
|
M/s Atria Convergence Technologies Private Limited
|
Approval has been sought for: (i) Transfer of 0.99% of shares currently held by resident shareholders to the existing foreign investors M/s Argan (Mauritius) Limited, Mauritius and M/s TA FVCI Investors Limited, Mauritius and
(ii) Acquisition of up to 100% shares of the investee company by the foreign investors M/s Argan (Mauritius) Limited and TA FVCI Investors Limited, in future depending upon the exigencies of the remaining Indian resident shareholders.
|
Telecom
|
35.00
|
2
|
8
|
M/s Venus Aesthetics LLP
|
Approval has been sought for extension of additional 60 days time period to apply for compounding with RBI, which was lapsed at the time of making application to RBI by the applicant.
|
LLP
|
Nil
|
3
|
10
|
Dr. Reddy’s Laboratories Limited
|
Post facto approval has been sought for grant of 1,05,808 ESOPs
|
Pharma
|
0.05
|
4
|
11
|
M/s Franklin Templeton Asset Management India Private Ltd
|
Post facto approval has been sought for downstream investment into M/s MF Utilities India Private Limited, which is registered with SEBI for acting as registrar to an issue in Category II (to carry on the activity either as a registrar to an issue or as a share transfer agent).
|
Financial Services
|
No fresh inflow
|
5
|
14
|
M/s Solairedirect Energy India Pvt. Ltd (SD India)
|
SD India, a wholly owned subsidiary of Solairedirect, SAS, France has sought approval for discontinuing its current activities of Engineering, Procurement, and Construction and Operation and Maintenance Business, and to act only as an investing company in terms of Paragraph 3.8.3.1 of the extant FDI Policy.
|
Investing Company
|
Nil
|
6
|
19
|
M/s JCDecaux Advertising India Private Limited
|
M/s JCDecaux Advertising India Private Limited, an existing foreign owned company, presently engaged in the activity of Out-of-Home advertising, has sought approval for expansion of its business into telecom sector as a telecom infrastructure service provider.
|
Telecom
|
35.00
|
7
|
22
|
M/s You Broadband India Limited
|
Post facto approval has been sought for acquisition of 9,79,875 equity shares of its downstream company M/s Digital Outsourcing Private Limited (DOPL) in lieu of issue of 20,58,759 equity shares to its resident shareholders by way of swap of shares.
|
Telecom
|
No fresh inflow
|
8
|
23
|
M/s Netmagic Solutions Private Limited
|
Approval has been sought for increase in the foreign shareholding of the company from 81.63% to 100% by NTT Communications Corporation, Japan
|
Telecom
|
533.83
|
9
|
24
|
M/s Vodafone India Limited
|
Approval has been sought by Vodafone India Ltd, a 100% foreign owned company, for acquisition of 100% shares M/s You Broadband India Limited by way of transfer from resident shareholders and non-resident shareholder
|
Telecom
|
55.09
|