Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018 Chapter VIII RIGHTS ISSUE OF INDIAN DEPOSITORY RECEIPTS
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Rights of IDR holders: domestic depository must facilitate entitlements, issue additional IDRs or distribute and arrange subscription of rights. The domestic depository, pursuant to the depository agreement at initial IDR offering, must enable IDR holders to have rights-issue entitlements by ... Summary
Rights of IDR holders: domestic depository must facilitate entitlements, issue additional IDRs or distribute and arrange subscription of rights.
The domestic depository, pursuant to the depository agreement at initial IDR offering, must enable IDR holders to have rights-issue entitlements by issuing additional IDRs, distributing rights to holders or renouncees, or arranging subscription for rights available due to non take-up by other underlying share holders.
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