Nri investment

Dear All,

If an NRI who continued to hold an savings account in bank in India made payment to a company a subscripttion to its shares then will thi sbe treated as FDI. Are there any FEMA compliances to be made?

The shareholding of such person be shon in annual return as held by NRI or resident?

Also is he allowed to do so.?

What will be the treatment for transfer of shaer sso held to a NRI or to a resident?

Thanks