Who is not eligible to invest?

Who is not eligible to invest?

The following categories of persons, and entities, shall not be eligible to participate in the Issue and any Applications from such persons and entities are liable to be rejected:
(a)Minors without a guardian *;
(b)Foreign nationals, Non‐Resident Indians (NRI) inter‐alia including any NRIs who are (i) based in the USA, and/or, (ii) domiciled in the USA, and/or, (iii) residents/citizens of the USA, and/or, (iv) subject to any taxation laws of the USA;
(c)Persons resident outside;
(d)Foreign Institutional Investors;
(e)Foreign Portfolio Investors;
(f)Qualified Foreign Investors;
(g)Overseas Corporate Bodies; and
(h)Persons ineligible to contract under applicable statutory/regulatory requirements.
*Applicant shall ensure that guardian is competent to contract under Indian Contract Act, 1872

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