Can trading ac be opened for US NRI who has been allotted ESOP shares?

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Listed Indian companies are allowed to issue ESOP shares to employees of its joint venture or a wholly-owned subsidiary abroad who are working outside India.

An NRI Trading Account and an NRI Demat Account can be opened for the sole objective of selling of the ESOP shares with any registered broker in India.

Topic: USA NRI Trading Account in India Article

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