On 29 May 2026, the Reserve Bank of India ("RBI") notified the Foreign Exchange Management (Cross Border Merger) (Amendment) Regulations, 2026 ("Amendment Regulations"), which came into force on 5 June 2026. The Amendment Regulations amend the Foreign Exchange Management (Cross Border Merger) Regulations, 2018 ("Cross Border Merger Regulations"), issued under the Foreign Exchange Management Act, 1999 ("FEMA"), to align India's foreign exchange framework with the corporate res