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 issue listing requirement: issuers must apply to all exchanges and designate one exchange for IDR rights. Regulation 214 requires an issuer proposing a rights issue of Indian Depository Receipts to apply to all Indian stock exchanges where its IDRs are listed ... Summary
Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
Rights issue listing requirement: issuers must apply to all exchanges and designate one exchange for IDR rights.
Regulation 214 requires an issuer proposing a rights issue of Indian Depository Receipts to apply to all Indian stock exchanges where its IDRs are listed for listing of the rights IDRs and to choose one of those exchanges as the designated stock exchange in accordance with Schedule XIX.
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