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Valuation of shares for FDI

Querist : Anonymous (Querist) 25 May 2010 This query is : Open 
Dear Sir,

As per the revised guidelines valuation of shares for FDI is required to be based on DCF method.

Kindly advise regardng the date of the valuation certificate (ie period prior to the transaction)that will be attached with the FC-GPR form.

Your prompt reply will be very helpful.

Thanks and Regards,

Kavita
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