By Pavan Burugula From Economic Times India

Over 150 offshore investors have lost their foreign portfolio investor (FPI) license for not complying with the Securities and Exchange Board of India’s new documentation requirements, said three people privy to the development. These funds have refused to provide the beneficial ownership (BO) information to their custodians as mandated by the capital markets regulator. 

According to Sebi data, the total number of FPIs has co .. 

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