NASDAQ · Basic Materials
Invest in Chilwa Minerals stock from India
Indian and foreign residents can buy Chilwa Minerals (CHWM) shares directly through Paasa.
By Paasa · Updated
Chilwa Minerals at a glance
- Price
- $6.60+$0.60 (10.00%)
- Market cap
- $4.13M
- Day range
- $5.70 – $7.08
- P/E
- —
- Dividend yield
- None
- Volume
- 223.20K
How to invest in Chilwa Minerals from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search CHWM and buy
Find Chilwa Minerals by name or by its ticker, CHWM, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.
Why invest in Chilwa Minerals from India
What Chilwa Minerals does
Chilwa Minerals Limited is an Australian mineral exploration company. The company's principal activities are mineral exploration at its 100%-owned Chilwa Critical Minerals Project in southern Malawi. Chilwa Minerals operates in the Industrial Materials industry within the Basic Materials sector.
Hold a dollar asset
Chilwa Minerals shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a share
Buy by amount, not by share, and get the matching fraction of one Chilwa Minerals share. There is no minimum trade size.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Chilwa Minerals stock from India?
Yes. Indian residents and NRIs can buy Chilwa Minerals (CHWM) shares directly through Paasa. Chilwa Minerals is listed on NASDAQ, in the Industrial Materials industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
Do I need to buy a full Chilwa Minerals share?
No. You can buy part of one Chilwa Minerals share and add to your position over time. One share is $6.60, and you can buy whole shares or any fraction; there is no minimum trade size.
How are Chilwa Minerals dividends taxed for Indian investors?
Chilwa Minerals trades on NASDAQ but is domiciled in Australia, so any withholding on its dividends follows that country's rules rather than those of the US. What trades there is a depositary receipt over Chilwa Minerals shares rather than the ordinary share itself. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell Chilwa Minerals shares?
The US does not levy capital gains tax on shares for Indian residents. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.