Confirm your PIS permission limit with your designated bank once gazette notification is issued.
Review existing positions — if approaching old 5% cap, new 10% limit gives room to add.
NRE or NRO account and linked demat / trading account remain mandatory.
Check aggregate NRI holding in target companies — previously capped at 10%, now 24% by default.
Above 10% stake: FPI registration with SEBI is still required — plan accordingly.
Foreign national co-investors (PROIs) can now use the same PIS channel alongside you.
Intraday trading — prohibited for NRIs and OCIs regardless of limit.
Agricultural land or plantation property under FEMA.
Holding above 10% without FPI registration.
Sectors restricted or prohibited under FEMA NDI Rules.