Other than issue of shares under Automatic /Government Route, what other general permissions are available under Notification No.FEMA 20 dated 3-5-2000?
A.14. Issue of shares under ESOP by Indian companies to its employees or employees of its joint venture or wholly owned subsidiary abroad who are resident outside India directly or through a Trust up to 5% of the paid up capital of the company. Issue and acquisition of shares by non residents after merger or de-merger or amalgamation of Indian companies. Issue shares or preference shares or convertible debentures on rights basis by an Indian company to a person resident outside India.
