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THE GAZETTE OF INDIA

EXTRAORDINARY

PART –III– SECTION 4

PUBLISHED BY AUTHORITY

NEW DELHI, OCTOBER 31, 2008

SECURITIES AND EXCHANGE BOARD OF INDIA

NOTIFICATION

MUMBAI, the 30th October, 2008

Securities and Exchange Board of India

(Foreign Institutional Investors) (Second Amendment) Regulations, 2008

No. LAD-NRO/GN/2008/25/142800. – In exercise of the powers conferred by section 30 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following Regulations to further amend the Securities and Exchange Board of India (Foreign Institutional Investors) Regulations, 1995, namely:-

These regulations may be called the Securities and Exchange Board of India (Foreign Institutional Investors) (Second Amendment) Regulations, 2008.

They shall come into force on the date of their publication in the Official Gazette.

In the Securities and Exchange Board of India (Foreign Institutional Investors) Regulations, 1995, in regulation 15A,

(i)sub-regulations (3), (4), (5) and (7) shall be omitted;

(ii) in Explanation I, clause (ii) shall be omitted.

C. B. BHAVE

CHAIRMAN

SECURITIES AND EXCHANGE BOARD OF INDIA

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